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BRIEF-Permira funds unit launches takeover bid to delist TBS at EUR 2.2/shr
May 12, 2017 / 10:34 AM / 6 months ago

BRIEF-Permira funds unit launches takeover bid to delist TBS at EUR 2.2/shr

May 12 (Reuters) - ITAL TBS TELEMATIC & BIOMEDICAL SERVICES SPA (TBS):

* DOUBLE 2 SPA INTENDS TO LAUNCH A TAKEOVER BID ON THE WHOLE SHARE CAPITAL OF ITAL TBS TELEMATIC & BIOMEDICAL SERVICES (TBS), AMOUNTING TO 42,185,576 ORDINARY SHARES

* DOUBLE 2 IS AN INDIRECT UNIT OF THE PERMIRA FUNDS

* DOUBLE 2 TO PAY EUR 2.20 PER EACH TENDERED SHARE

* THE MAXIMUM COUNTERVALUE OF THE TAKEOVER BID IS EUR 92.8 MLN

* THE AIM OF THE TAKEOVER BID IS THE DELISTING OF TBS SHARES

Source text: reut.rs/2q9Kk1C

Further company coverage: (Gdynia Newsroom)

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