Nov 10 (Reuters) - CIMIC Group Ltd CIM.AX :
* Devine ltd - cim:Cimic intends to make $0.75 cash per share offer for Dev
* Offer price is A$0.75
* The offer will be funded using cash on hand and under existing available
facilities
* Seeking support of Devine board for the offer
* Thorugh CRI intends to buy 49.37% of Devine
* The amount of the transaction is not expected to be material to Cimic
* Seeks to reconstitute the Devine board
* Offer enables shareholders to achieve liquidity for all shareholding in
Devine
* Seeks to appoint a new CEO to lead the new strategy
* Cimic has received foreign investment review board approval for the offer
* Source text for Eikon ID:nASX1Qm53Q