ABY 3.57% $5.40 adore beauty group limited

News: ABY Aditya Birla Minerals updates on Metals X Ltd's takeover offer

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    July 18 (Reuters) - Aditya Birla Minerals Ltd (ABY) :

    • Hindalco receives rbi approval (ABY)
    • Refers to Metals X limited's off-market takeover offer (offer) for all shares of abml.
    • Says hindalco industries limited is now in a position to accept the increased offer
    • Metals X confirmed it will vary offer to increase consideration to 1 Metals X share for every 4.5 abml share plus 8 cents per abml share
    • Abml board advises shareholders to accept the Metals X offer after Metals X makes the formal variation.
 
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