Reuters logo
BRIEF-IBL says sole shareholder of Pick and Buy acquires 90.96 pct stake in CMPL
August 11, 2017 / 11:57 AM / 3 months ago

BRIEF-IBL says sole shareholder of Pick and Buy acquires 90.96 pct stake in CMPL

Aug 11 (Reuters) - Compagnie Des Magasins Populaires Limite

* WINHOLD, UNIT AND SOLE SHAREHOLDER OF PICK AND BUY, ACQUIRED 14.8 MILLION SHARES OF COMPAGNIE DES MAGASINS POPULAIRES LIMITÉE (90.96 PERCENT STAKE), AT RS.9.52PER SHARE

* WINHOLD WILL MAKE A MANDATORY OFFER TO ACQUIRE ALL THE VOTING SHARES OF CMPL NOT ALREADY HELD BY WINHOLD

* WINHOLD CONFIRMS THAT IT HAS SUFFICIENT FINANCIAL RESOURCES AVAILABLE TO SATISFY THE ACCEPTANCE OF THE OFFER Source text ID: (bit.ly/2uvfJiL) Further company coverage:

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