Edition:
India

Grammer Ag Confirms To Be In Advanced Negotiations With Affiliated Companies Of Ningo Jifeng


Tuesday, 29 May 2018 

May 28 (Reuters) - Grammer AG ::DGAP-ADHOC: GRAMMERAG CONFIRMS NEGOTIATIONS TO CONCLUDE A BUSINESS COMBINATION AGREEMENT (BCA) IN CONNECTION WITH A POTENTIAL PUBLIC TAKEOVER OFFER.GRAMMER AG - CONFIRMS TO BE IN ADVANCED NEGOTIATIONS WITH AFFILIATED COMPANIES OF NINGO JIFENG TO CONCLUDE A BUSINESS COMBINATION AGREEMENT.GRAMMER - BIDDER OFFERED AN INDICATIVE CONSIDERATION OF EUR 60 PLUS PROPOSED DIVIDEND OF EUR 1.25 RESULTING IN TOTAL CONSIDERATION OF EUR 61.25/SHARE. 

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