GTY 0.00% $2.23 gateway lifestyle group

June 21 (Reuters) - Gateway Lifestyle Group (GTY) : RECEIPT OF...

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    June 21 (Reuters) - Gateway Lifestyle Group (GTY) :

    • RECEIPT OF INDICATIVE, NON-BINDING PROPOSAL - BROOKFIELD
    • RECEIVED A NON-BINDING PROPOSAL FROM BROOKFIELD PROPERTY GROUP TO BUY 100% AT AN INDICATIVE PRICE OF $2.30 PER SECURITY
    • CONSIDERS ENGAGING WITH BROOKFIELD TO DETERMINE IF OFFER CAN BE PUT TO CO'S SECURITYHOLDERS IS IN INTERESTS OF SECURITYHOLDERS
    • BROOKFIELD PROPOSAL IS SUPERIOR TO INDICATIVE, NON-BINDING PROPOSAL RECEIVED FROM HOMETOWN AND ANNOUNCED TO ASX ON 13 JUNE 2018
    • ENTERES CONFIDENTIALITY DEAL THAT CONTAINS 12-MNTH STANDSTILL ON ACQUISITION OF ANY GATEWAY LIFESTYLE SECURITIES
 
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