Australia's Select Harvests receives $334.4 million takeover offer from UAE sovereign wealth fund:
"Australian almond producer Select Harvests Ltd said on Monday it received a takeover proposal from United Arab Emirates sovereign wealth fund Mubadala Investment Company PJSC for A$5.85 ($4.54) per share, a 39 percent premium to its previous close on Wednesday. Shares of the company jumped as much as 27 percent to A$5.33 after the announcement. The deal wouldn’t have an impact on Select Harvest’s business, including no return on capital or dividends, the company said in a statement."
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