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Asahi gains 61% of Charlie's


More shareholders accept Japanese company's takeover offer.

NBR staff
Thu, 28 Jul 2011

Japanese beverage company Asahi is making steady progress with its takeover offer for Charlie's Group (NZX:CHA), and has now received acceptances for 61.5% of its shares.

Asahi received Overseas Investment Office approval for the purchase earlier this week.

The offer of 44c per share values Charlie's at $129.3 million and is due to close on August 19.

NBR staff
Thu, 28 Jul 2011
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Asahi gains 61% of Charlie's
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