Blackmores Limited (ASX: BKL) announced that it had entered into a contract with Kirin Holdings Company, Limited for the purchase of 100% of Blackmores' issued share capital under a plan of arrangement.
The company's shareholders will receive AU$95.00 per share in total cash consideration (Scheme Consideration), less any special dividend announced and paid to Blackmore's shareholders on or before the scheme's implementation date. A fully-franked special dividend of AU$3.34 per Blackmores share will likely be paid, with franking credits of AU$1.434 per Blackmores share attached.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
