BRIEF-MAC Copper Announces Binding Scheme Implementation Deed With Harmony

Reuters
27 May
BRIEF-MAC Copper Announces Binding Scheme Implementation Deed With Harmony

May 27 (Reuters) - MAC Copper Ltd MTAL.N:

  • BINDING SCHEME IMPLEMENTATION DEED WITH HARMONY

  • UNDER TERMS OF SCHEME, MAC SHAREHOLDERS WILL RECEIVE US$12.25 CASH PER MAC SHARE

  • CONSIDERATION PAYABLE UNDER SCHEME IMPLIES A FULLY DILUTED EQUITY VALUE FOR MAC OF US$1.03 BILLION

  • BOARD OF MAC UNANIMOUSLY SUPPORTS TRANSACTION

Further company coverage: MTAL.N

((Reuters.Briefs@thomsonreuters.com;;))

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