SCA reconsiders ARN's revised takeover bid, with chair Rob Murray to leave the company.

SCA is reconsidering ARN's revised takeover bid and chair Rob Murray will leave the company during this process. Both Murray and board member Glen Boreham are set to retire. SCA has reviewed the updated offer, which now includes a higher value for its shareholders, and will re-engage with the consortium, consisting of ARN and Anchorage Capital Partners.

March 17, 2024
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