DXB Entertainments to consider appointing advisors for Meraas' offer

Dubai – Mubasher: The board of DXB Entertainments will review the appointment of financial and legal advisors to evaluate the offer received from Meraas Leisure and Entertainment.

On 20 December, Meraas notified the board of DXBE about its plan to make a conditional cash offer to acquire all issued and paid-up ordinary shares of DXBE.

As part of the offer, the holders of shares in DXBE, excluding Meraas and its affiliate Meraas Holding, would receive AED 0.08 in cash for each share.

Mubasher Contribution Time: 28-Dec-2020 07:18 (GMT)
Mubasher Last Update Time: 28-Dec-2020 07:18 (GMT)