What happened to the Bingo Industries Ltd share price?

It’s been an eventful year for the Bingo Industries Ltd (ASX: BIN) share price. Following a successful takeover offer, shares in Bingo were de-listed from the ASX exchange earlier last month. The company’s removal from the official list was carried out at the close of trading today.

How much does Bingo pay per share?

Bingo’s management confirmed the interest, acknowledging that the company had received an offer of $3.50 per share from a private equity consortium. The consortium — headed by CPE Capital and including Macquarie Infrastructure and Real Assets ( MIRA) — launched the bid valued at $2.3 billion.

Does Bingo have a special dividend?

Bingo Industries Limited Announces Fully Franked Special Dividend, Payable on 28 July 2.. BINGO Industries Agrees to $1.8 Billion Acquisition by Macquarie Infrastructure and Rea.. BINGO Industries accepte l'acquisition de 1,8 milliard de dollars par Macquarie Infrast..

How much did the bingo buyout bid?

The consortium — headed by CPE Capital and including Macquarie Infrastructure and Real Assets ( MIRA) — launched the bid valued at $2.3 billion. At the time, shares in Bingo were trading at around $2.75 per share. The buyout proposal was made at a multiple of almost 20 times earnings estimates.