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Recall Rejects Non-binding Indicative Proposal from IRM

Sydney: December 15, 2014: Recall Holdings Limited Rejects Non-binding Indicative Proposal from Iron Mountain to acquire Recall for A$7.00 per share.

  • Proposal represents a premium of only 9.4% to Recall’s closing price on 12 December 2014
  • Proposal materially undervalues Recall whose strategy is driving double digit revenue and
    EBITDA growth, as well as margin expansion
  • Recall believes Iron Mountain can potentially realise approximately US$250 million per
    annum of synergies from the proposed transaction
  • Proposal provides Recall shareholders less than 5% of the potential US $3.9 billion in
    additional value created by the combination

Recall Holdings Limited (ASX: REC) (“Recall” or the “Company”) announced today that it has received
an indicative and non-binding proposal from Iron Mountain Incorporated (NYSE: IRM) (“Iron Mountain”) to acquire all of the shares in the Company by way of a scheme of arrangement (the “Proposal”).

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  • K-2 Partners Deals Done Graphics – [2023-08-10] #102 – ATLANTIC DATA — GRM
  • K-2 Partners Deals Done Graphics – [2023-03-21] #101 – CRM — VRC
  • [2023-01-19] #100 – FILE KEEP — VRC
  • [2023-01-19] #99 – MEGA ARC — AIM
  • [2022-10-25] #98 – TOT REC — AIM
  • [2022-10-25] #97 – ARM — VRC
  • [2022-10-25] #96 – IDD — AIM
  • [2022-07-12] #95 – SBK — IRM
  • [2021-11-01] #94 – BIS — AIM
  • [2021-10-01] #93 – TFD — VRC
  • [2021-08-10] #92 – MVP — AIM
  • [2021-07-15] #91 – STD — UOV
  • [2021-07-15] #90 – SAI — UOV
  • [2021-07-14] #89 – CWG — IRM
  • [2021-07-14] #88 – CWG — HVK
  • [2021-07-14] #87 – CWG — VRC
  • [2020-08-03] #86 – DSF — AIM
  • [2020-02-28] #84 – DSF — VRC
  • [2019-12-16] #83 – SOS — VRC
  • [2019-11-21] #82 – BRM – VRC
  • [2019-10-10] #81 – Federal — VRC
  • [2019-10-10] #80 – Apex – AIM
  • [2019-09-04] #79 – NCA — VRC
  • [2019-06-24] #78 – MCN — VRC
  • [2019-06-03] #77 – PRS — VRC
  • [2019-02-11] #76 – TAB — AIM
  • [2019-02-08] #75 – DPR — AIM
  • [2019-02-01] #74 – AAR — VRC
  • [2019-01-03] #73 – LAT — IRM
  • [2018-12-03] #72 – COR — VRC
  • [2018-12-03] #71 – SSH — VRC
  • [2018-11-30] #70 – ECO — AIM
  • [2018-10-31] #69 – TOS — IRM
  • [2018-09-17] #68 – TPT — AIM
  • [2018-07-13] #67 – SHZ — IRM
  • [2018-07-02] #66 – ATX — IRM
  • [2018-03-19] #65 – QSC — IRM
  • [2018-01-31] #64 – TJY — AVY
  • [2017-12-17] #63 – DMS — ZCO
  • [2017-12-14] #62 – G4S — MFL
  • [2017-11-22] #61 – MRM — IRM
  • [2017-10-11] #60 – SSH — IRM
  • [2017-09-28] #59 – SSR — IRM
  • [2017-07-10] #58 – TAB — IRM
  • [2017-06-30] #57 – TSA — IRM
  • [2017-05-16] #56 – SAR — VRC
  • [2017-03-03] #55 – ARC — IRM
  • [2017-02-06] #54 – Neoshred — Shred-it
  • [2016-12-20] #53 – ANW — Access
  • [2016-11-10] #52 – NXT — Shred-it
  • [2016-10-31] #51 – KMS — Shred-it
  • [2016-08-02] #50 – RMX — VRC
  • [2016-07-21] #49 – ASL — IMW
  • [2016-07-05] #48 – RRA — IRM
  • [2016-04-19] #47 – Jayem — Recall
  • [2016-03-02] #46 – SSD — Shred-it
  • [2016-02-01] #45 – ESNW — Access
  • [2016-01-05]-#44—NAX—-IM
  • [2015-09-30] #43 – ASI — FK
  • [2015-08-26] #42 – DVT — IRM
  • [2015-08-11] #41 – AMW — TDG
  • [2015-08-08] #40 – DSF — OAS
  • [2015-06-30] #39 – PRS — CRM
  • [2015-06-26] #38 – LRC — VRC
  • [2015-06-26] #37 – MRS — IRM
  • [2015-04-24] #36 – AllMove — IRM
  • [2015-02-25] #35 – Stok — GRM
  • [2015-02-01] #34 – ShredMasters — Williams
  • [2015-02-01] #33 – CDD — IRM
  • [2014-12-31] #32 – Recall — Rhenus
  • [2014-12-31] #31 – ERM — VRC
  • [2014-12-31] #30 – ACME — Groot
  • [2014-12-31] #29 – RDX — Access
  • [2014-12-31] #28 – Stevens RM — IRM
  • [2014-12-31] #27 – IS+DG advisory
  • [2014-12-31] #26 – TMS — IRM
  • [2014-12-31] #25 – DDI — FKs
  • [2014-12-31] #24 – PDS — VRC
  • [2014-12-31] #23 – DCMT — VRC
  • [2014-12-31] #22 – Databank — Access
  • [2014-12-31] #21 – Datastore — IRM
  • [2014-12-31] #20 – Filing Source — Access
  • [2014-12-31] #19 – RSI — Cintas
  • [2014-12-31] #18 – Kilch — ACES
  • [2014-12-31] #17 – 3gs — Cintas
  • [2014-12-31] #16 – SSE — Cintas
  • [2014-12-31] #15 – TPE — BRM
  • [2014-12-31] #14 – Arch — Invcp
  • [2014-12-31] #13 – TFB — Access
  • [2014-12-31] #12 – UA — BRM
  • [2014-12-31] #11 – The Carlyle Group advisory
  • [2014-12-31] #10 – DSI2 — IRM
  • [2014-12-31] #09 – RRS — Access
  • [2014-12-31] #08 – Writer Corp advisory
  • [2014-12-31] #07 – FSV — Fways
  • [2014-12-31] #06 – S Archives — Recall
  • [2014-12-31] #05 – IFS — Recall
  • [2014-12-31] #04 – TAB — IRM
  • [2014-12-31] #03 – DSI1 — IRM
  • [2014-12-31] #02 – DataLock — 3gs
  • [2014-12-31] #01 – FileVault — IRM