March 12, 2015 / 3:07 PM / 2 years ago

BRIEF-Adcock gets firm intention to make offer from Bidvest

March 12 (Reuters) - Adcock Ingram Holdings Ltd

* Board of directors of Adcock has consented to release of restrictions on dividend shares subject to terms

* Terms include Adcock shareholders approving termination of Adcock's existing BEE transaction

* Terms include Bidvest making offer at same R52 cash price per Adcock ordinary share

* Has received a letter of firm intention to make an offer from Bidvest, to acquire remaining shares Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below