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Provider: Reuters Investment Profile
Provider: Sadif Analytics (Premium)

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Compagnie du Cambodge SA and Bollore SA Reach 95% Threshold in Share Capital of Societe Anonyme Forestiere et Agrigole-SAFA

Friday, 26 Oct 2012 12:03pm EDT 

Compagnie du Cambodge SA SA announced that since the beginning of the tender offer, it has acquired on the market 42,868 SAFA shares, and that the Bollore SA crossed the 95% threshold in SAFAs share capital and voting rights. In accordance with the intentions announced in connection with the tender offer, Compagnie du Cambodge SA will file with the Autorite des Marches Financiers, upon expiration of the tender offer period, a proposed public buyout offer followed by a squeeze-out procedure, for a price corresponding to the price offered in the tender offer (EUR 80 per SAFA share). However, the duration of the tender offer being 25 trading days, SAFA shareholders will be able, if they wish so, to tender their shares in the tender offer until November 6, 2012 inclusive. 

Company Quote

30.0 +0.39%
22 Aug 2014