UNV 0.00% 16.0¢ universal coal plc

News: UNV TerraCom Announces Offer To Acquire Universal Coal

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    Feb 3 (Reuters) - Terracom Ltd (TER) :

    • TERRACOM ANNOUNCES OFFER BY UNIT TO ACQUIRE ENTIRE ISSUED, TO BE ISSUED SHARE CAPITAL OF UNIVERSAL COAL
    • UNDER DEAL, UNV SHAREHOLDERS WILL RECEIVE 10 CENTS IN CASH AND ABOUT 0.6026 NEW TERRACOM SHARES
    • OFFER VALUES EACH UNV SHARE AT 33.5 CENTS AND ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF UNV AT ABOUT A$175 MILLION

    Source text https://reut.rs/31m4fLr

    (([email protected];))

 
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