GraceKennedy Limited (GK) Announces 15% Acquisition and Takeover Bid for Key Insurance Company Limited

Posted: January 20, 2020 at 9:16 pm

Press Release – GraceKennedy Makes Offer to Acquire Key Insurance Company Limited

Key Insurance Offer to Purchase Letter (Amended)

GraceKennedy Limited (GK) has advised that the Company has acquired 15% interest in Key Insurance Company Limited (KEY).

GK further state that it intends to make a cash offer to purchase 100% of the issued share capital of Key at a price of $2.01 per share. The Offer will open for acceptance at 9:00 am on January 27, 2020 and will close at 4:30 pm on February 17, 2020.

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