Nov 15 (Reuters) - Inabox Group Ltd (IAB) :
- RECEIPT OF PROPOSED TAKEOVER BID
- RECEIVED NOTICE THAT SB&G (TELECOMS) PTY LTD (SB&G TELECOMS) INTENDS TO MAKE AN ALL-CASH OFFER TO ACQUIRE ALL OF SHARES IN CO
- TAKEOVER PROPOSAL ADVISES THAT SB&G TELECOMS HAS ACQUIRED AN INTEREST IN 19.9% OF FULLY PAID ORDINARY SHARES IN CAPITAL OF CO
- DEAL FOR $0.90 CASH PER SHARE
- BOARD MAKES NO RECOMMENDATION IN RESPECT OF TAKEOVER PROPOSAL AT THIS EARLY STAGE
