• Linkdin
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

Board of Colorado mulls takeover offer

18 Jul '06
1 min read

Footwear and clothing retailer Colorado group ltd has been notified that ARH Investments (Australia) Pty Ltd (ARH) proposes to make an off-market takeover bid for all the shares in Colorado at a price of $4.50 per share subject to certain conditions.

The Board of Colorado is carefully considering the terms of the offer by ARH and will comment as soon as they have completed their assessment. ARH's offer values Colorado at approximately $430 million.

Shareholders should take no action at this stage, pending further advice from the Board.

Colorado has retained Gresham Advisory Partners and Clayton Utz to provide advice in relation to the offer.

Colorado group ltd is a leading national footwear and apparel retailer and wholesaler, with an Australian heritage dating back over 140 years. It operates more than 430 stores in Australia and New Zealand. The group's portfolio of leading brands include Colorado, Mathers, Williams, Pairs, Jag and diana ferrari.

Colorado group Ltd

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search