ASAHI RECEIVES OIO APPROVAL

Asahi Beverages New Zealand ("Asahi") is pleased to announce that the New Zealand Overseas Investment Office has today granted consent to the acquisition by Asahi of 100% of the issued share capital of Charlie's Group ("Charlie's") under its takeover offer dated 21 July 2011.

The offer remains conditional on the receipt of acceptances for 90% or more of the Charlie's shares and various other conditions customary for a transaction of this nature.

Asahi encourages Charlie's shareholders to accept the offer as soon as possible. The offer will close for acceptance at midnight on 19 August 2011, unless extended by Asahi in accordance with the Takeovers Code.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

TruScreen Group Limited (NZX: TRU) Clinical Trial Results Highlight Efficacy of TRU Technology
20th October 2021 Morning Report
Freightways Limited (NZX: FRE) Acquisition of ProducePronto
19th October 2021 Morning Report
PGG Wrightson Limited (NZX: PGW) Guidance Update
Vital Limited (NZX: VTL) Provides Update on PSN LMR
18th October 2021 Morning Report
T&G Global Limited (NZX: TGG) FY21 Earnings Guidance Update
Arvida Group Limited (NZX: ARV) Successful Completion of $155m Placement
FreshLeaf: Cannabis on course to be 'medicine of the masses'