FBL urges backing of ‘compelling’ $1.4bn Farm Bureau deal after opposition
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FBL urges backing of ‘compelling’ $1.4bn Farm Bureau deal after opposition

FBL financial group boardroom.jpg

FBL Financial Group has urged shareholders to back a $1.4bn takeover of the business by Farm Bureau after opposition to the deal from activist Ron Bobman and proxy advisory firm ISS.

FBL said the $56-per-share offer was a “compelling valuation” and presented the opportunity to realise immediate and certain value.


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