Børsens News Service in English
Weir Group bid equals FLS’ acquisition offer
Af Jens Nymark
23-02-2012
10:17
After raising its acquisition offer for Australian mining services company Ludowici by nearly 40 per cent, FLSmidth is now again challenged by a competing proposal by Weir Group which now offers to pay an amount equal to the Danish proposal.
Weir Group has made an acquisition offer for Ludowici which matches the latest acquisition offer from FLS for DKK 2.2 billion or AUD10 per share.
The two offers look alike, both in relation to price and conditions – Weir will also, like FLS, reduce the price by any dividends that Ludowici pays to its shareholders prior to completion.
Weir Group has made an acquisition offer for Ludowici which matches the latest acquisition offer from FLS for DKK 2.2 billion or AUD10 per share.
The two offers look alike, both in relation to price and conditions – Weir will also, like FLS, reduce the price by any dividends that Ludowici pays to its shareholders prior to completion.
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*****||*****Weir Group bid equals FLS’ acquisition offer*****||*****After raising its acquisition offer for Australian mining services company Ludowici by nearly 40 per cent, FLSmidth is now again challenged by a competing proposal by Weir Group which now offers to pay an amount equal to the Danish proposal.*****||*****
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