December 15, 2016 / 8:50 AM / 7 months ago

BRIEF-Mercantile Investment updates on off-market takeover bid for shares in EZA

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Dec 15 (Reuters) - Mercantile Investment Company Ltd

* Mercantile wrote to board of Eza Corporation and indicated that it intends to make off-market takeover bid for shares in EZA

* Mercantile also notes that EZA has not made a public announcement to ASX in relation to Mercantile's correspondence

* Board of EZA has not responded to Mercantile's correspondence.

* Mercantile intends to make a cash takeover bid in relation to eza at 13.75 cents per eza share Source text for Eikon: Further company coverage:

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