Corporate Action: We Recommend SMS Shareholders Vote in Favour of the ASG Offer
The SMS Management and Technology board of directors has determined that the ASG Group takeover offer for SMS is superior to the DWS offer and DWS has announced that it will not submit a counter proposal. This means that SMS shareholders will need to vote on the ASG offer at a Scheme of Arrangement meeting and we recommend SMS shareholders vote in favour of the ASG offer. SMS will announce the date of the Scheme meeting following execution of the ASG Scheme Implementation Agreement.The ASG offe...
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