Update on ARN’s bid for SCA

ARN Media Limited and Anchorage Capital Partners Pty Limited have today provided an update on their nonbinding indicative offer to acquire 100% of the fully diluted share capital of SCA.ARN says under the Indicative Proposal, SCA shareholders would receive 0.753 ARN shares and 29.6 cents cash per SCA share. “The Consortium remains open to working… Read More

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