WAM Capital bids for Contango Income Generator Limited
SYDNEY: WAM Capital Limited has announced a conditional off-market takeover bid for Contango Income Generator Limited. The offer consideration is 1 WAM Share for every 3 CIE Shares. This represents a premium of 17.6% to CIE’s 25 September 2020 share price, 18.1% to CIE’s one-month volume-weighted average price (VWAP) and a premium to CIE’s reported…