MVT 0.00% 16.0¢ mercantile investment company ltd

News: MVT Mercantile Investment updates on off-market takeover bid for shares in EZA

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    Dec 15 (Reuters) - Mercantile Investment Company Ltd (MVT)

    • Mercantile wrote to board of Eza Corporation and indicated that it intends to make off-market takeover bid for shares in EZA
    • Mercantile also notes that EZA has not made a public announcement to ASX in relation to Mercantile's correspondence
    • Board of EZA has not responded to Mercantile's correspondence.
    • Mercantile intends to make a cash takeover bid in relation to eza at 13.75 cents per eza share
 
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