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BRIEF-Cardno reaffirms rejection of Crescent Capital's offer

Published 06/10/2015, 02:27 pm
Updated 06/10/2015, 02:28 pm
© Reuters.  BRIEF-Cardno reaffirms rejection of Crescent Capital's offer
CDD
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Oct 6 (Reuters) - Cardno Ltd CDD.AX :

* Cardno reaffirms rejection of proportional offer CDD.AX

* Reaffirmed intention to recommend that shareholders reject the unsolicited, proportional takeover offer from Crescent Capital

* Says shareholders should take no action in relation to the offer

* Crescent capital is seeking to gain control of Cardno without paying shareholders an appropriate premium for control"

* Source text for Eikon ID:nASX2XBWFy

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