Oct 25 (Reuters) - Bradken Ltd BKN.AX :
* Target's statement in relation to offer by Hitachi Construction Machinery to acquire all of issued shares in Bradken by way of off-market takeover for $3.25 per Bradken share
* Board recommends shareholders accept offer
* Offer of $3.25 per share represents 34% premium to Bradken's closing price on 3 October Source text for Eikon: Further company coverage: BKN.AX