(Corrects deal value in headline to $334.4 million, not $358 million)
Oct 9 (Reuters) - Australian almond producer Select Harvests Ltd said on Monday it received a takeover proposal from United Arab Emirates sovereign wealth fund Mubadala Investment Company PJSC for A$5.85 ($4.54) per share, a 39 percent premium to its previous close on Wednesday.
Shares of the company jumped as much as 27 percent to A$5.33 after the announcement.
The deal wouldn’t have an impact on Select Harvest’s business, including no return on capital or dividends, the company said in a statement.
$1 = 1.2877 Australian dollars Reporting By Rushil Dutta in Bengaluru; Editing by Kim Coghill