September 22, 2017 / 3:29 PM / 3 months ago

BRIEF-Cullinan Holdings says majority investor considers buyout offer

Sept 22 (Reuters) - CULLINAN HOLDINGS LTD:

* A SUBSIDIARY OF TRAVEL CORP, WHICH OWNS ABOUT 97 PCT STAKE IN CO, CONSIDERING MAKING AN OFFER TO ACQUIRE SHARES IN CO NOT HELD BY IT​

* ‍POTENTIAL OFFER FOR A CONSIDERATION OF 130 CENTS PER SHARE, PAYABLE IN CASH​

* ‍CONSIDERATION IS EQUAL TO HIGHEST PRICE PAID BY ALPINE FOR AN ORDINARY SHARE IN COMPANY IN LAST THREE MONTHS​ Source text for Eikon: Further company coverage:

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