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Date delisted: 17/09/1999
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| delisted following the merger by Scheme of Arrangement with Rothmans Holdings Limited | 17/09/1999 |
| we understand under the terms of the merger, WD & HO Wills were to pay all its shareholders a special fully-franked dividend of 50 cents a share before buying back the 67% shareholding of BAT Australia for $342m - BAT Australia were to use the amount raised to acquire 28.6m new shares in Rothmans for $386m or $13.50 a share, ending up with a 59.5% controlling stake in the group - Rothmans were to acquire all the shares held by WD & HO Wills' minority shareholders for $5.75 cash - to satisfy the ACCC the two firms were to sell $325m of cigarette and tobacco assets to England's Imperial Tobacco | 17/09/1999 |
