The Proposed Acquisition. Under the terms of the Proposed Acquisition, which shall be subject to the Conditions and further terms set out in Appendix 1 to this announcement and to the full terms and conditions which will be set out in the Offer Document and Form of Acceptance, Consort Shareholders will be entitled to receive: For each Consort Share 1,010 xxxxx in cash The Proposed Acquisition represents a premium of approximately: • 39.1 per cent. to the Closing Price of 726 xxxxx for each Consort Share on 15 November 2019 (being the last Business Day before the date of this announcement); and
The Proposed Acquisition. 3. In October 1996, CCI entered into a merger agreement with Triad Systems Corporation ( Triad ) and announced its intention to commence a tender offer for all of the outstanding voting securities of Triad. Under the terms of the tender offer, Triad shareholders will receive $9.25 per share, or a total of approximately $181 million. Immediately prior to the CCI acquisition of Triad, Hicks, Muse, Xxxx & FurstH( icks Muse ), a private investment firm based in Dallas, Texas, will acquire over 50 percent of CCI stock and gain control of CCI.
The Proposed Acquisition. Under the terms of the Proposed Acquisition, which will be subject to the satisfaction (or waiver) of the Pre-Conditions set out in Appendix 1, the satisfaction (or waiver, if permitted) of the Conditions set out in Appendix 2, to the certain further terms set out in Appendix 2 and to the full terms and conditions which will be set out in the Scheme Document, Darty Shareholders will be entitled to receive: For every: 37 Darty Shares held, 1 Fnac Share Fnac’s offer will also include a Partial Cash Alternative pursuant to which Eligible Darty Shareholders will have the opportunity to elect to receive cash in lieu of part or all of the New Fnac Shares which such shareholders would otherwise have been entitled to receive pursuant to the terms of the Scheme (subject to pro rating in accordance with the terms of the Partial Cash Alternative). The maximum aggregate amount of the Partial Cash Alternative is £66,686,3212, which will be paid to those Eligible Darty Shareholders that make a valid election under the Partial Cash Alternative. Elections under the Partial Cash Alternative for up to a basic entitlement, details of which will be set out in the Scheme Document, will be satisfied in full. To the extent that elections under the Partial Cash Alternative in excess of the basic entitlement cannot be satisfied in full, they will be scaled down as nearly as reasonably practicable pro rata to the value which each Eligible Darty Shareholder’s valid election under the Partial Cash Alternative bears to the total aggregate value of all valid elections made under the Partial Cash Alternative. Subject to the paragraph below, Eligible Darty Shareholders who validly elect to receive the Partial Cash Alternative will receive, in lieu of each Fnac Share to which they would otherwise be entitled under the Proposed Acquisition, a cash amount equal to the volume-weighted average price of one Fnac Share for the 30 days prior to and including the last practicable date before the date of the Scheme Document (or, as appropriate, the Offer Document) applying the average £/€ exchange rate over the same period. Darty and Fnac may, however, agree to an alternative method of calculating the cash value per Darty share which Eligible Darty Shareholders who validly elect to receive the Partial Cash Alternative will receive in lieu of each Fnac Share which they would otherwise be entitled to receive under the Proposed Acquisition. Full details of the Partial Cash Alternative including the c...
The Proposed Acquisition. Pursuant to the Master Agreement, subject to the fulfilment of the Signing Conditions, the US Vendor and the US Purchaser shall enter into the US Property Agreement pursuant to which the US Vendor shall agree to sell, and the US Purchaser shall agree to purchase, the US Property at the consideration of US$14,500,000 (equivalent to approximately HK$113,825,000). Upon the Acquisition Completion, the US Property will be 100% owned by the Group.
The Proposed Acquisition. 4. In December 1996, Autodesk and Softdesk entered into an Agreement and Plan of Reorganization whereby Autodesk would acquire 100% of the voting securities of Softdesk in exchange for shares of Autodesk common stock with a value of $90 million (the “Acquisition”).
The Proposed Acquisition. On January 22, 2016, the Company entered into the MOU with the Vendor and Xxxxxxx Xxxxx in relation to the proposed acquisition of 51% of the equity interests in Wenzhou Guoda Investment Company* (溫州國大投資有限公司, the “Target Company”) from the Vendor by the Company through public bidding (the “Proposed Acquisition”), subject to the entering into of relevant formal agreement(s).
The Proposed Acquisition. Pursuant to the MOA, it is contemplated that Terminal Link will acquire the Portfolio from CMA CGM and its affiliates for a total consideration of US$955,102,041 (equivalent to approximately HK$7,449,795,920). As the Company owns 49% interest in Terminal Link, the Proposed Acquisition would effectively result in the Company acquiring indirectly 49% of the Portfolio for 49% of the Purchase Price, i.e. US$468 million (equivalent to approximately HK$3,650.40 million). In determining the above Purchase Price, the Company has taken into account various factors, including but not limited to the Portfolio’s business performance and locations, and the outlook of the port industry and the macro economy in the relevant regions. The Proposed Acquisition will be subject to obtaining of all applicable regulatory and third party approvals.
The Proposed Acquisition. PARAGRAPH FIVE: On or about October 16, 1996, Xxxxx and XxXxx entered into an agreement whereby Xxxxx will acquire 100 percent of the voting stock of OrNda, and OrNda stockholders will receive Xxxxx voting stock in exchange. Xxxxx will also assume OrNda debt. The total value of the transaction is about $3.1 billion. NATURE OF TRADE AND COMMERCE PARAGRAPH SIX: The relevant line of commerce in which to analyze the proposed acquisition is the production and sale of acute care inpatient hospital services and/or any narrower group of services contained therein.
The Proposed Acquisition. Pursuant to an Equity Purchase Agreement dated June 9, 2021, Buckeye will acquire 26 LLP terminals from Magellan for approximately $435 million (the “Acquisition”). The terminals are located in Alabama, Georgia, Missouri, North Carolina, South Carolina, Tennessee, and Virginia.
The Proposed Acquisition. On November 8, 2020, Casey’s entered into an agreement to acquire certain retail and wholesale fuel assets from Bucky’s and related entities (the “Acquisition”). The Commission’s Complaint alleges that the Acquisition, if consummated, would violate Section 7 of the Xxxxxxx Act, as amended, 15 U.S.C. § 18, and that the Acquisition agreement constitutes a violation of Section 5 of the Federal Trade Commission Act, as amended, 15 U.S.C. § 45, by substantially lessening competition for the retail sale of gasoline in seven local markets in Nebraska and Iowa, and by substantially lessening competition for the retail sale of diesel fuel in four local markets in Nebraska.
