AUSTRALIA: BRL to cease trading Friday
Australian wine group BRL Hardy will cease trading the stock exchange on Friday following the virtual formality of a Supreme Court approval and acceptance by shareholders of the terms of the take-over offer by the US giant Constellation Brands. Final details of the take-over valued BRL shares at 268 in Constellation for every 1000 in BRL Hardy or the previously announced A$10.50 (US$6.30) a share.
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