SABMiller plc-SBMRY intends to make EUR48.25 per share offer for Royal Grolsch NVFly On The Wall "All News "
SABMiller and Grolsch announced that they have reached conditional agreement regarding the making, by SABMiller, of a fully financed, public cash offer to acquire all the outstanding Shares of Grolsch The offer price of ?48.25 per Share of Grolsch, represents a premium of 84.3% to the average closing price of Grolsch's Shares over the last month. No further dividends are expected to be declared prior to the completion of this Offer. The Offer values 100% of the issued and outstanding Shares of Grolsch at approximately ?816 million.
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