BRICKWORKS Limited is expected to win control of Perth company Bristile after agreeing to increase its takeover to $3.65 a share.
Bristile’s directors have recommended that shareholders accept the revised offer – unless a higher offer comes along. It’s understood the Bristile board has agreed to pay fully franked dividends totalling 22.5 cents a share in July.
The record date for the dividends is expected to be July 18 with the shares expected to trade ex-dividend on the ASX from July 14.