Oct 26 (Reuters) - Iluka Resources Ltd ILU.AX
* Iluka Resources provides merger update
* Since 15 September 2016, both SRL and Iluka have been working together to assist German antitrust authority with its review of merger during Phase II proceedings
* Subject to merger completing, there is no change to merger consideration of 36 pence in cash for each SRL share
* SRL and Iluka are pleased to confirm that an agreement has been concluded with GOSL regarding CGT
* Iluka and SRL have confirmed do not presently intend to exercise respective rights to terminate MIA in connection with Phase II proceedings
* Pala investments, majority shareholder of SRL, has agreed to pay an amount in respect of capital gains tax
* Each of Iluka and SRL have confirmed to other that they do not presently intend to exercise their respective rights to terminate MIA
* GOSL confirmed that no other amounts will be payable by iluka, srl or any other srl shareholder in respect of capital gains tax or other taxes Source text for Eikon: ID:nASX7mWVWC Further company coverage: ILU.AX
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