Broadway Industrial Takeover Offer Extended

MT Newswires

2024/11/22

Broadway Industrial's (SGX:B69) takeover offer by United Overseas Bank (SGX:U11) on behalf of Patec has been extended to Dec. 23, according to a filing with the Singapore Exchange on Friday.

In an earlier filing, Patec made a mandatory conditional cash offer to take the company private at SG$0.197 in cash per share. The offer came after the metal forming company acquired around 197 million shares in the company, representing 43.3% of its share capital.

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The offer came after the metal forming company acquired around 197 million shares in the company, representing 43.3% of its share capital.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0516423091.SGD","symbol_name":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2485407793","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485407793","pubTimestamp":1732252529,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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