BRIEF-Dangote Flour Mills Receives Binding Offer From Olam International
April 23 (Reuters) - Dangote Flour Mills PLC:
* GOT BINDING OFFER FROM OLAM INTERNATIONAL TO BUY ALL OUTSTANDING, ISSUED SHARES OF CO NOT OWNED BY OLAM THROUGH CROWN FLOUR MILLS
* CONSIDERATION OFFERED BY OLAM AND BEING CONSIDERED BY THE BOARD OF DFM FOR 5 MILLION ISSUED SHARES OF CO IS 130 BILLION NAIRA
* CONSIDERATION REPRESENTS ENTERPRISE VALUE ON A DEBT-FREE, CASH-FREE BASIS, PAYABLE IN CASH AT CLOSING OF PROPOSED TRANSACTION Source text for Eikon: [ID: https://bit.ly/2XwkClu] Further company coverage: