Edition:
India

Simec Atlantisenergy Update On Proposed Acquisition Of GHR


Tuesday, 18 Jun 2019 

June 18 (Reuters) - SIMEC Atlantis Energy Ltd ::UPDATE ON PROPOSED ACQUISITION OF GHR.INDEPENDENT BOARD DIRECTORS DETERMINED ALTERNATIVE DEAL STRUCTURE IN RELATION TO GHR WOULD BE IN INTERESTS OF SHAREHOLDERS.WILL NOT BE PROCEEDING WITH ACQUISITION OF GHR AS PREVIOUSLY ENVISAGED.IN ONGOING TALKS WITH SIMEC, AN INFRASTRUCTURE FUND, & PROJECT FINANCIERS IN RELATION TO ALTERNATIVE TRANSACTION STRUCTURE. 

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17 Jul 2019