June 22 (Reuters) - AMA Group Ltd (AMA) :
- ATO DECISION MEANS BLACKSTONE ACQUISITION WILL NOT PROCEED
- THERE ARE NO BREAK FEES PAYABLE IN RELATION TO TRANSACTION TERMINATING
- BLACKSTONE HAS BEEN INFORMED THAT DEMERGER WILL THEREFORE NOT PROCEED AND PROPOSED TRANSACTION WITH BLACKSTONE WILL PROCEED NO FURTHER.
- RECEIVED A FORMAL RESPONSE FROM DEPUTY COMMISSIONER OF TAXATION REFUSING AMA'S REQUEST FOR A RULING FOR DEMERGER RELIEF
