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DEFIANCE MILLS LIMITED (DFM)

Delisted from ASX 17/06/1997

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delisted pursuant to Listing Rule 17.14 following the successful takeover offer by Bunge Foods Queensland Pty Limited17/06/1997
we understand Bunge's original bid was $1.70 later raised to $1.95 but that some shareholders stuck out for a higher price after Price Waterhouse said the Bunge offer significantly undervalued the company - the final reported price was apparently A$2.00 but we have no confirmation that the takeover was successful at that price17/06/1997
notes apparently delisted following conversion25/05/1988

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    Directors' on-market share transactions (last 5)

     

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