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BRIEF-Adelaide Brighton notes Deutsche Bank's tender issue seeking to buy shares of co

Published 06/06/2017, 03:21 pm
Updated 06/06/2017, 03:30 pm
© Reuters.  BRIEF-Adelaide Brighton notes Deutsche Bank's tender issue seeking to buy shares of co
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June 6 (Reuters) - Adelaide Brighton Ltd ABC.AX

* Potential purchase of Adelaide Brighton Ltd shares

* Has become aware that tender documents were issued by Deutsche Bank (DE:DBKGn) stating DB was seeking to buy 4.5 million shares at $5.73 per share

* Barro Properties Pty Ltd had entered a "capped swap" over 13 million Adelaide Brighton Shares

* DB had been informed by Barro Properties that it has "no current intention to make takeover offer for Adelaide Brighton"

* DB was buying shares to hedge a physically-settled swap with Barro Properties over 13 million shares Source text for Eikon: ID:nASXbWd9SQ Further company coverage: ABC.AX

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