Edition:
United Kingdom

Ruralco Holdings Updates On Decision By Australian Competition And Consumer Commission


Thursday, 13 Jun 2019 

June 13 (Reuters) - Ruralco Holdings Ltd ::RURALCO NOTES TODAY'S DECISION BY AUSTRALIAN COMPETITION AND CONSUMER COMMISSION.IS CURRENTLY CONSIDERING IMPACT OF ACCC'S PROCESS ON TRANSACTION TIMETABLE.BOARD CONTINUES TO UNANIMOUSLY RECOMMEND THAT SHAREHOLDERS VOTE IN FAVOUR OF SCHEME IN ABSENCE OF A SUPERIOR PROPOSAL.ACCC HAS INDICATED THAT IT EXPECTS TO ANNOUNCE ITS FINAL DECISION IN RESPECT OF TRANSACTION ON 15 AUGUST 2019.