The capital raising would help to reduce the dairy co-operative's 52 per cent debt - to - equity ration and help «fund a third knock - out bid» which is expected to be $ 10 a share for Warrnambool, which is being courted by Montreal - based dairy giant Saputo and it's $ 9 -
a-share takeover bid.
And now, with a $ 40 -
a-share takeover bid, shareholders will enjoy a 54 % gain from the IPO price.
Priceline's (PCLN) $ 40 -
a-share takeover bid represents a 29 % premium to Kayak's closing price of $ 31.04 on Thursday and a 54 % premium to its July IPO price of $ 26.
Not exact matches
Canadian dairy giant Saputo has extended its $ 9 -
a-share, cash
takeover offer for Warrnambool Cheese & Butter as it awaits the
Takeovers Panel's ruling on whether it has misled shareholders with its revised
bid.
Acceptances for Saputo's $ 9 -
a-share cash
takeover bid for WCB continue to flow in despite the objection.