Silverlake Axis (SG:5CP) has released an update.
United Overseas Bank Limited, acting on behalf of E2I Ltd., has announced an unconditional offer to acquire all issued and outstanding shares of Silverlake Axis Ltd., excluding treasury shares and those already acquired by E2I. The offer, which was initially announced in August and followed by a detailed offer document in September, asserts that the Offer Consideration will not increase as stated in a subsequent September announcement.
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