Announced
Synopsis
Rotala Group Limited, a private limited company formed specifically for the purpose of the acquisition, to acquire Rotala, a provider a range of transport solutions for businesses, local authorities, the public and private individuals for $17.5m. "The Rotala Independent Directors are pleased to recommend RGL's offer of 63.5 pence in cash for each Rotala Share which represents a significant premium to both the Rotala Share price before commencement of the Offer Period and the Tender Offer price per share," Graham Spooner, Rotala Deputy Chair and Senior Independent Director.
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