BRIEF-Quantum Foods Says CBH Addressed Unsolicited Non-Binding Letter To CEO Of Co

  • Reuters
  • Stock Market News
BRIEF-Quantum Foods Says CBH Addressed Unsolicited Non-Binding Letter To CEO Of Co
Credit: © Reuters.

July 7 (Reuters) - Quantum Foods Holdings Ltd QFHJ.J :

* QUANTUM FOODS - CBH ADDRESSED UNSOLICITED NON-BINDING LETTER TO CEO OF CO EXPRESSING INTENTION TO MAKE OFFER TO SHAREHOLDERS FOR REMAINING SHARES

* QUANTUM FOODS- HAS BEEN INFORMED THAT THIRD PARTY ENTERED INTO AGREEMENTS WITH CERTAIN INSTITUTIONAL SHAREHOLDERS TO ACQUIRE C. 32% OF ISSUED SHARES

* QUANTUM FOODS HOLDINGS LTD - ACQUIRING ENTITY DOES NOT AT THIS STAGE INTEND TO MAKE AN OFFER TO SHAREHOLDERS TO ACQUIRE REMAINING SHARES

* QUANTUM FOODS - CBH ADDRESSED FURTHER LETTER TO CEO WITHDRAWING EOI, INDICATING THAT IT NO LONGER WISHED TO PROCEED WITH AN OFFER TO SHAREHOLDERS

* QUANTUM FOODS HOLDINGS LTD - COMPANY IS NOT CURRENTLY IN RECEIPT OF ANY OFFER OR POTENTIAL OFFER TO ACQUIRE ALL OR A PORTION OF COMPANY'S SHARES

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