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BRIEF-Frutarom says bought from Paulson about 9.2 pct of shares of Enzymotec for about $24.2 mln
August 24, 2017 / 7:02 AM / a month ago

BRIEF-Frutarom says bought from Paulson about 9.2 pct of shares of Enzymotec for about $24.2 mln

Aug 24 (Reuters) - Frutarom Industries Ltd -

* Says bought a 9.2% stake from Paulson, Enzymotec’s largest shareholder, to reach a 19.1% stake in Enzymotec

* Bought from Paulson about 9.2% of shares of Enzymotec for about USD 24.2 million,reflecting purchase price of USD 11.5 per share

* Intends as soon as possible to make full, special tender offer for acquisition of Enzymotec’s entire issued, outstanding shares which it does not own

* Will finance the tender offer from its working capital and bank financing Source text for Eikon: Further company coverage: (Bengaluru Newsroom)

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