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BRIEF-ASG Group says NRI obtains FIRB approval for proposal to acquire ASG

Published 07/12/2016, 09:36 am
Updated 07/12/2016, 09:40 am
© Reuters.  BRIEF-ASG Group says NRI obtains FIRB approval for proposal to acquire ASG

© Reuters. BRIEF-ASG Group says NRI obtains FIRB approval for proposal to acquire ASG

Dec 7 (Reuters) - ASG Group Ltd ASZ.AX

* NRI obtains FIRB approval for proposal to acquire ASG Group

* Foreign Investment Review Board (FIRB) has confirmed it has no objections under foreign acquisitions and takeovers act 1975

* No objections to proposal from Nomura Research Institute, Ltd. (NRI) to acquire 100% of shares in ASG

* NRI proposes to acquire ASG by way of scheme of arrangement, at a price of $1.63 per share Source text for Eikon: Further company coverage: ASZ.AX

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