February 21, 2018 / 1:48 PM / 3 months ago

BRIEF-Naked Brand Group And Bendon Limited Enter Into Amended Agreement And Plan Of Reorganization

Feb 21 (Reuters) - Naked Brand Group Inc:

* NAKED BRAND GROUP AND BENDON LIMITED ENTER INTO AMENDED AGREEMENT AND PLAN OF REORGANIZATION

* NAKED BRAND - STOCKHOLDERS WILL GET ABOUT 9.0% OF OUTSTANDING ORDINARY SHARES OF HOLDCO ON A FULLY DILUTED BASIS

* NAKED BRAND GROUP INC - BENDON WILL PAY AN AMOUNT EQUAL TO NAKED’S NET OPERATING LOSS EACH MONTH UNTIL CLOSING OF MERGER

* NAKED BRAND GROUP INC - OUTSIDE DATE FOR COMPLETING MERGER HAS BEEN EXTENDED TO APRIL 27, 2018

* NAKED BRAND GROUP INC - ‍AMENDED MERGER AGREEMENT HAS BEEN APPROVED BY BOARD OF DIRECTORS OF BOTH NAKED AND BENDON​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below