15th Aug 2024 22:01
Plant Health Care PLC - North Carolina, US-based provider of proprietary biological products for agriculture - Says court has approved takeover scheme by Gurgaon, India-based PI Industries Ltd. The companies had in June announced the agreement of the GBP32.8 million acquisition under which PHC shareholders would receive 9.0 pence in cash per share, a 57% premium on its 5.7 pence closing price at June 25. The acquisition is expected to be finalized August 20.
Current share price: 8.90 pence
12-month change: down 2.2%
By Aidan Lane, Alliance News reporter
Comments and questions to [email protected]
Copyright 2024 Alliance News Ltd. All Rights Reserved.
Related Shares:
PHC.L