Jensen og Moeller Invest A/S: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Wright Reports
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Jensen og Moeller Invest A/S Updates on Erik Olesens Ejendomsselskab A/S' Offer for All Shares in Company; Company May Delist from NASDAQ OMX
Jensen og Moeller Invest A/S announced that on December 4, 2012 Erik Olesens Ejendomsselskab A/S published its decision to make a voluntary conditional public offer to the shareholders of the Company, subject to conditions that would offer to buy all shares for a cash consideration of DKK 4,000 per share. On December 18, 2012 an offer document has been published. The Board of the Company announced that it recommends to accept the offer. The total price offered for all shares in the Company is DKK 67,728,000. The offer period runs from December 18, 2012 to January 30, 2013. Certain shareholders of the Company, which together own approximately 67.78% of the shares have given irrevocable advance commitments to the offeror to accept the offer for their shares. If Erik Olesens Ejendomsselskab A/S at the implementation of the offer owns or acquires over 90% of all shares in the Company, it intends immediately after implementation of the tender offer to request to convene an Extraordinary General Meeting in the Company for the request for authorization to apply for delisting of the shares of the Company from NASDAQ OMX and election of new Board of Directors, among others.
Latest Developments for Jensen og Moeller Invest A/S
- Jensen og Moeller Invest A/S Specifies FY 2013 Financial Guidance
- Jensen og Moeller Invest A/S Maintains FY 2013 Earnings Guidance
- Jensen og Moeller Invest A/S Elects Christian Kruse-Madsen as Chairman
- Jensen og Moeller Invest A/S Proposes No Dividend for FY 2012 and Issues FY 2013 Earnings Guidance
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