Reuters logo
BRIEF-Marvipol unit calls tender offer for 7.6 mln Torpol's shares at 11.79 zlotys per share
October 20, 2015 / 6:13 AM / 2 years ago

BRIEF-Marvipol unit calls tender offer for 7.6 mln Torpol's shares at 11.79 zlotys per share

Oct 20 (Reuters) - Marvipol SA :

* Said on Monday that its unit, Projekt 03 Sp. z o.o., announced a tender offer for 7,580,100 shares of Torpol SA at 11.79 zlotys ($3.15) per share

* Under the tender offer, Projekt 03 Sp. z o.o. plans to raise its stake in Torpol to 33 percent

* Currently Marvipol and its units do not hold any stake in Torpol

* Said that treats the investment as strategic and plans to support Torpol in the current and planned activities, as well as to strengthen its market position

* Said intends to maintain Torpol’s shares in trading on the Warsaw Stock Exchange’s regulated market

Source text for Eikon:

Further company coverage:

$1 = 3.7470 zlotys Gdynia Newsroom

Our Standards:The Thomson Reuters Trust Principles.
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