Bursa Community
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Esso not seeking other takeover offers

Go down

Esso not seeking other takeover offers Empty Esso not seeking other takeover offers

Post by hlk Sat 17 Mar 2012, 16:02

PETALING JAYA: The board of Esso Malaysia Bhd is not seeking any alternative takeover offers after it received notice of an unconditional takeover offer from San Miguel Corp (SMC).

SMC had on Aug 17, 2011 proposed the acquisition of 175 million in Esso Malaysia, representing a 65% stake, from ExxonMobil International Holdings Inc for RM3.59 each.

Kenanga Investment Bank Bhd is the adviser for Esso Malaysia.
hlk
hlk
Moderator
Moderator

Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum