Nov 11 (Reuters) - Cellnet Group Ltd (CLT) :
- offer values cellnet at approximately $14.6 million
- enters into bid implementation agreement under which wentronic will make off market takeover bid for 83% of shares in cellnet
- cellnet shareholders will be offered $0.28 per share for each of their cellnet shares subject to offer
- Asx alert-proportional takeover offer by wentronic gmbh,cvc-clt.ax