ASX-listed PMP in trading halt on pending statement on TMA takeover bid

Wed, 04 Jul 2012

By Paul McBeth July 5 (BusinessDesk) – Shares of ASX-listed printer PMP were halted ahead of a statement relating to the "highly conditional" takeover offer made by TMA Group. The printing company expects to release a statement before midday in Australia "in relation to the previously announced indicative offer" that was as much as three times the share price when made, PMP said in a statement to the ASX. The shares dropped 5.7 percent to 33 Australian cents in trading yesterday, valuing the company at A$106.9 million. Sydney-based ticketi...

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