The offer is for all of the issued shares in Foster’s Group at A$4.90 per fully paid ordinary share, reduced by the amount of any dividend or distribution paid or declared by Foster’s after the offer.
The offer will extend to all the partly paid ordinary shares in Foster’s. The price under the offer for each partly paid ordinary share will be A$4.90 in cash less any amount unpaid on the relevant partly paid share, reduced by the amount of any dividend or distribution paid or declared by Foster’s after the date of this announcement, subject to a minimum price of A$0.01.
The offer will be subject to the fulfilment of a number of conditions, many of which are customary in a change of control situation.
© FoodBev Media Ltd 2021
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry.
Don’t miss out on having your innovations recognised on a global scale.
Deadline for entries 23 July – enter now!
Don’t get left behind
Start your free Foodbev magazine trial today and join thousands of fellow industry professionals in receiving food and drink trends direct to our business.
Click here to start your free trial