In today’s briefing:
- InvoCare (IVC AU): SID Signed with TPG at A$12.7/Share
InvoCare (IVC AU): SID Signed with TPG at A$12.7/Share
- Invocare has entered into a scheme implementation deed with TPG at A$12.7/share. This is higher than the initial offer of A$12.65/share but lower than the revised offer of A$13/share.
- There is an extra A$0.26/share in franking credits for Invocare Ltd (IVC AU) shareholders that can use them.
- Passives will need to sell nearly 11m shares of Invocare Ltd (IVC AU) on the last trading day and there will be an adhoc inclusion to the S&P/ASX 200 Index.
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