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BRIEF-ATON Says Will Not Support Murray & Robert's Proposed Deal With Aveng

(Repeats without change to text)

May 18 (Reuters) - ATON GmbH

* ATON GMBH - HAS NOTED MURRAY & ROBERT'S ANNOUNCEMENT TODAY REGARDING ITS POTENTIAL COMBINATION WITH AVENG LIMITED

* ATON GMBH - "POTENTIAL COMBINATION CLEARLY DEMONSTRATES THAT MURRAY & ROBERT'S MANAGEMENT IS PUTTING ITS INTERESTS AHEAD OF THOSE OF SHAREHOLDERS & OTHER STAKEHOLDERS"

* ATON - "ANNOUNCEMENT REFLECTS AN UNDERDEVELOPED AND RUSHED OUTLINE OF A POTENTIAL TRANSACTION WITH A SPECULATIVE RATIONALE"

* ATON - HAS NOT HAD ANY ENGAGEMENT WITH EITHER M&R OR AVENG ON THE TRANSACTION

* ATON - "AVENG TRANSACTION WOULD IMPOSE SIGNIFICANT AND UNPREDICTABLE RISK TO M&R"

* ATON - "M&R ARE UNABLE OR ARE UNWILLING TO DISCLOSE POSSIBLE IMPACT OF AVENG TRANSACTION"

* ATON- "THERE IS NO BASIS FOR PROPOSED GENERAL MEETING IN RELATION TO POTENTIAL TRANSACTION AT THIS STAGE NEITHER WILL PROPOSED TRANSACTION BE SUPPORTED BY ATON" (Reuters.Briefs@thomsonreuters.com)

First Published: 2018-05-18 19:39:20
Updated 2018-05-18 19:50:58


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