May 26 (Reuters) - Henry Morgan Ltd HML.AX :
* Refers to previous market announcements regarding Jb Financial Group ltd (JB Financial)
* Makes no recommendation to shareholders as to proposed transaction at this time
* Has been approached by John Bridgeman Limited and its related parties to acquire 100% of shares held by Henry Morgan Limited in JB Financial
* Proposal has been made on key term of $7.90 per share for JB Financial stake with 50% payable in cash Source text for Eikon: ID:nASX2bcMgr Further company coverage: HML.AX