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Big River secures $156 million CTL takeover at a 45.9% premium
9:30am on Friday 13th of November, 2026 AEDT
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Building Products Manufacturing and Distribution
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Big River secures $156 million CTL takeover at a 45.9% premium
9:30am on Friday 13th of November, 2026 AEDT
Key Points
$1.62 cash offer represents a 45.9% premium to Big River’s latest closing price
Board unanimously recommends the scheme, subject to an Independent Expert’s favourable opinion
Anacacia and NAOS intend to vote their combined 59.5% holding in favour
Special dividend of up to $0.21 per share may be declared, but would reduce the scheme consideration dollar-for-dollar
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Big River Industries (ASX:BRI)
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