Sign In
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- US Share Prices
- Stock Tips
- Share Chat
- FX
- News & RNS
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
Sime Darby Brings Forward Offer Closing Date For New Britain Palm Oil
LONDON (Alliance News) - New Britain Palm Oil Ltd Monday said Malaysia's Sime Darby Plantation is shortening the offer period for its takeover bid to 124 days from its current 149 days, following European authorities' decision to clear the acquisition.
The shortened offer period means the new closing date with be February 23.
Sime Darby is acquiring New Britain Palm Oil for 715 pence per share in a deal valuing the target at GBP1.07 billion.
New Britain palm oil shares were up 1.4% at 705 pence on Monday.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
Copyright 2015 Alliance News Limited. All Rights Reserved.
Shares in this article
Latest News
- UK PM refuses to shift "left or right" amid pressure over poll mauling
37 mins ago - US close: S&P 500, Nasdaq hit new records after jobs report
10 hours ago - EXECUTIVE CHANGES: Portmeirion names new CEO; Henry Boot CEO to leave
11 hours ago - IN BRIEF: Hostelworld trading in line, says no Middle East impact yet
11 hours ago - IN BRIEF: Airea confident in 2026 prospects despite uncertain macro
11 hours ago - Colombia urges Glencore to discuss Cerrejon coal mine closure with local authorities
11 hours ago - GLOBAL MARKETS-Stocks mixed, dollar down as investors digest US job growth, chipmaker strength and elevated oil
11 hours ago
Related News
Malaysia's Sime Darby completes $1.74 bln New Britain Palm Oil buy
KUALA LUMPUR, March 3 (Reuters) - Sime Darby Plantation Bhd, the plantation arm of Malaysia's conglomerate Sime Darby Bhd , has completed $1.7 billion...
Malaysia Sime Darby says wins EC nod for $1.74 bln New Britain Palm Oil buy
KUALA LUMPUR, Jan 28 (Reuters) - Malaysia's Sime Darby Bhd , the world's top oil palm planter by land size, said on Wednesday it had obtained the Euro...
Follow the stocks
