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Investegate |Globalworth Real Est Announcements | Globalworth Real Est: Results of AGM and Board Reappointments

Investegate |Globalworth Real Est Announcements | Globalworth Real Est: Results of AGM and Board Reappointments
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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Investegate |Globalworth Real Est Announcements | Globalworth Real Est: Notice of AGM and Board Update

Investegate |Globalworth Real Est Announcements | Globalworth Real Est: Notice of AGM and Board Update
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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Investegate |Globalworth Real Est Announcements | Globalworth Real Est: Publication of Response Circular


Publication of Response Circular
 
The Independent Committee of the Globalworth Board announces today that it is publishing its response circular (the Response Circular ) in connection with the unsolicited cash offer by CPI Property Group S.A. and Aroundtown SA at €7.00 per Globalworth Share (the Offer ).
The Independent Committee continues to believe that the Offer significantly undervalues Globalworth, its assets and its prospects. A letter from the Chairman of the Board, and on behalf of the Independent Committee, as set out in the Response Circular has been extracted in full below.
The full Response Circular is available to view at
https://www.globalworth.com/investor-relations/offer-for-globalworth ....

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Globalworth creates committee to evaluate CPI and Aroundtown joint bid


Globalworth creates committee to evaluate CPI and Aroundtown joint bid
Mon, 19th Apr 2021 11:56
(Alliance News) - Globalworth Real Estate Investments Ltd on Monday said it has formed an independent committee to evaluate the offer made by CPI Property Group SA and Aroundtown SA.
On Wednesday last week, CPI and Aroundtown together offered to buy out Globalworth for EUR774 million in cash.
The consortium offered EUR7 per share for the stake in Globalworth it doesn t already own, a 19% premium over last Tuesday s closing price. The bid values Globalworth at EUR1.57 billion, with CPI and Aroundtown currently owning just over half of the company. ....

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Small Cap Wrap - Imperial X, Kibo Energy, Globalworth Real Estate and more...


Small Cap Wrap - Imperial X, Kibo Energy, Globalworth Real Estate and more.
Further to the Company s announcement on 14 April, noting the announcement by CPI Property Group S.A. and Aroundtown SA of a firm intention to make a cash offer for the Company, the Company has formed an independent committee of the Board in order to evaluate the Offer.
19 April 2021
 
Dish of the day
Advance Energy (LON:ADV)  completed an RTO on AIM indirectly acquiring of 50% of Carnarvon Petroleum Timor  which holds a 100 per cent. working interest and is the contractor under the Buffalo PSC, offshore Timor-Leste. Carnarvon Petroleum Timor is a subsidiary of ASX listed company, Carnarvon Petroleum Limited. The net proceeds of the Placing of approximately £20.01m (approximately US$27.51m) will be used to fund the Acquisition.  Due 19 April. ....

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