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DEFIANCE MILLS LIMITED (ASX.DFM)

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delisted pursuant to Listing Rule 17.14 following the successful takeover offer by Bunge Foods Queensland Pty Limited

17/06/1997

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 price

17/06/1997

notes apparently delisted following conversion

25/05/1988
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