Jan 27 (Reuters) - Greencross Ltd GXL.AX :
* Notes the article in the afr today indicating that TPG had made an indicative proposal to acquire all the shares that it did not already own at $6.45 per share
* Non- binding indicative proposal was highly conditional and at a price which fundamentally undervalues Greencross."
* Greencross has also received highly conditional, indicative, proposals and expressions of interest from other parties.
* The board of Greencross has not pursued these proposals
* Has not previously disclosed these confidential approaches, including the TPG indicative proposal, given their highly conditional and confidential terms
* Source text for Eikon ID:nASX5W0LnL
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