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Married deal sparks offer for Nobel Design
Published Tue, May 2, 2017 · 09:50 PM
Singapore
A MARRIED deal has sparked a mandatory unconditional cash offer by Grand Slam RF18 Investments for the remaining shares in mainboard-listed Nobel Design Holdings that it does not already own at S$0.51 apiece.
The offer, announced after market close on Tuesday, comes at a price that represents premiums of 18.6 and 22.6 per cents above the six-month and 12-month volume-weighted average prices respectively.
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