Airwork appoints Grant Samuel to examine takeover offer

Mon, 17 Oct 2016

By Edwin Mitson Oct. 17 (BusinessDesk) - Airwork Holdings, the NZX-listed specialist aviation company currently subject to a takeover bid from China's Zhejiang Rifa Holding Group (RIFA), has appointed Grant Samuel to prepare an independent advisor's report on the offer. Independent chairman Mike Daniel and independent director Rob Flannagan have been appointed to consider the company's response to RIFA's proposal. Earlier this month, RIFA confirmed it had entered into a takeover lock-up deed with the company's major shareholders at $5...

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