May 26, 2017 / 12:20 AM / in 2 months

BRIEF-Henry Morgan updates on shares held by Co in JB Financial

1 Min Read

May 26 (Reuters) - Henry Morgan Ltd:

* Refers to previous market announcements regarding Jb Financial Group ltd (JB Financial)

* Makes no recommendation to shareholders as to proposed transaction at this time

* Has been approached by John Bridgeman Limited and its related parties to acquire 100% of shares held by Henry Morgan Limited in JB Financial

* Proposal has been made on key term of $7.90 per share for JB Financial stake with 50% payable in cash Source text for Eikon: Further company coverage:

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