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Provider: Reuters Investment Profile
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Yeled Invest launches simplified public tender offer for Orchestra Premaman shares at 40 euros per share


Friday, 23 May 2014 11:42am EDT 

Orchestra Premaman SA:Yeled Invest launches simplified public tender offer for Orchestra Premaman shares.Price of offer 40 euros per share.Offer to be open for 10 days.Yeled Invest currently holds 2,867,143 Orchestra Premaman shares, representing 89.58 pct of capital and voting rights (96.11 pct when shares held by Orchestra Premaman are deducted).Offer concerns all shares except those held by Orchestra Premaman, giving a total of 115,958 shares or 3.62 pct of capital.Yeled Invest intends to launch squeeze-out after offer closes.