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Provider : Reuters Investment Profile

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Orege SA announces takeover bid launched by Eren

Thursday, 16 Jan 2014 02:51pm EST 

Orege SA:Says Eren, in consortium with a group of other existing shareholders, has launched a simplified public tender offer for all of its shares.Says the price of the offer is 4.20 euros per share.Says the offer will be open for 10 days.Says the total number of shares not already held by Eren and the other members of the consortium which may be acquired as part of the offer is 9,056,450, which represents 48.73 percent of the share capital and 47.05 percent of the voting rights.Says the offer will also concern the 87,713 shares which may be issued as a result of the exercise of stock options before the offer closes. 

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5 Oct 2015