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Company News Summary

GWA Group Provides Update on Proposed Acquisition of Methven

12 Mar 2019  |  10:54:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Update on Proposed Acquisition of Methven

GWA Group advised that shareholders of Methven voted in favour of the scheme of arrangement pursuant to which it will acquire all of the shares in Methven (the Scheme). The Scheme remains subject to a number of conditions, including approval by the NZ High Court. It expects implementation of the Scheme to occur on or around 10 April 2019, subject to the remaining Scheme conditions becoming satisfied.

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