January 11, 2017 / 2:40 PM / 6 months ago

BRIEF-Servizi Societari launches takeover bid on Meridie

1 Min Read

Jan 11 (Reuters) - Meridie SpA :

* Said on Tuesday that Servizi Societari Srl decided to launch a voluntary tender offer on all of the company's shares

* The offer concerns 37.4 million shares, corresponding to 60.1 pct of the share capital

* The offer price is 0.10 euros ($0.1056) per share, at a 14.9 pct premium on co's listed shares on Jan. 9

* The takeover bid aims to delist Meridie

* Servizi Societari intends to exercize the right of squeeze-out of the remaining shares in case it reaches a stake of at least 95 pct in Meridie

Source text: www.1info.it

Further company coverage:

$1 = 0.9472 euros Gdynia Newsroom

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below