February 5, 2018 / 11:10 PM / 7 months ago

BRIEF-Lifehealthcare Group to dispose all shares at $3.75 per share to Pacific Equity Partners

Feb 6 (Reuters) - Lifehealthcare Group Ltd:

* ‍ENTERED INTO A BINDING SCHEME IMPLEMENTATION DEED WITH PACIFIC HEALTH SUPPLIES BIDCO PTY ​

* ‍PEP WILL ACQUIRE 100% OF SHARES IN CO AT $3.75 PER SHARE IN CASH​

* DIRECTORS OF LIFEHEALTHCARE RECOMMEND THAT LIFEHEALTHCARE SHAREHOLDERS VOTE IN FAVOUR OF SCHEME

* IF SCHEME IS IMPLEMENTED, LIFEHEALTHCARE BOARD ALSO INTENDS TO DECLARE A FULLY FRANKED SPECIAL DIVIDEND OF $0.18 PER SHARE​

* REITERATES ITS FY2018 OUTLOOK Source text for Eikon: Further company coverage:

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