Feb 27 (Reuters) - Australian rural services firm Ruralco Holdings Ltd (RHL) said on Wednesday it has received a A$469 million ($337 million)all-cash takeover offer from Canadian fertilizer maker Nutrien Ltd NTR.TO .
Ruralco's board has unanimously recommended the transaction in the absence of a superior proposal, the company said in a statement.
Nutrien has offered A$4.40 a share for the company, representing a premium of about 44 percent to Ruralco's last close.
($1 = 1.3922 Australian dollars)
News: GNC Australia's Ruralco gets $337 mln takeover offer
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Last
$8.15 |
Change
-0.440(5.12%) |
Mkt cap ! $1.985B | |||
| Open | High | Low | Value | Volume |
| $8.65 | $8.67 | $8.05 | $13.93M | 1.699M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $8.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.16 | 604 | 1 |
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| GNC (ASX) Chart |
