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BRIEF-Pollard Banknote says intention to make all cash offer to buy Innova Gaming Group .

Published 2017-04-17, 09:04 p/m
© Reuters.  BRIEF-Pollard Banknote says intention to make all cash offer to buy Innova Gaming Group .
PBL
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April 17 (Reuters) - Pollard Banknote Ltd. PBL.TO :

* Pollard banknote limited announces intention to make all cash offer to acquire innova gaming group inc.

* Offer price values innova at an equity value of approximately $43 million

* All-Cash offer of $2.10 per share

* Offer not subject to due diligence or financing conditions

* Pollard banknote -offer price represents significant premium of about 39% to closing price of $1.51 per share on toronto stock exchange as of march 9, 2017 Source text for Eikon: ID:nCNWJglTsa Further company coverage: PBL.TO

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