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Swisscom AG submits non-binding offer for PubliGroupe's SA participation in local.ch at price of CHF 230 million


Friday, 25 Apr 2014 01:30am EDT 

Publigroupe SA:Says board took note of non-binding offer from Swisscom Ltd to acquire participation of PubliGroupe Ltd in local.ch (i.e. 51 pct LTV Gelbe Seiten Ltd. and 49 pct Swisscom Directories Ltd.) at price of 230 million Swiss francs.Board to examine this offer in consideration of April 17 pre-announced public tender offer from Tamedia Ltd for all shares in PubliGroupe and associated legal framework and issue statement in due time. 

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