PFL 0.00% $1.68 patties foods ltd

News: PFL Patties Foods says supreme court of Victoria approves scheme of arrangement

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    Sept 2 (Reuters) - Patties Foods Ltd (PFL) :

    • Supreme court of Victoria approves scheme of arrangement (PFL)
    • Supreme court of victoriamade orders approving he scheme of arrangement for acquisition of Patties by australasian foods bidco pty lt
    • Expected that a copy of court's orders will be lodged with Australian securities and investments commission on 5 September
    • Declaration of special dividend means that cash consideration will be reduced to $1.40 cash per Patties share.
    • Announces that Patties board have declared a special dividend of $0.25 cash per Patties share

 
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