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Transurban Group Announces Acquisition Of Remaining Minority Interests In M5 West

Tuesday, 6 Aug 2019 06:39pm EDT

Aug 7 (Reuters) - Transurban Group ::ANNOUNCES ACQUISITION OF REMAINING MINORITY INTERESTS IN M5 WEST.TO RAISE $500 MILLION VIA A FULLY UNDERWRITTEN 'PRO- RATA' INSTITUTIONAL PLACEMENT AT AN OFFER PRICE OF $14.70.ANNOUNCES SECURITY PURCHASE PLAN TO RAISE UP TO $200 MILLION.PROCEEDS FROM PLACEMENT AND SPP WILL BE USED TO FUND ACQUISITION OF REMAINING INTERESTS IN M5 WEST.

ASTM: Provisional Results Of Tender Offer Launched On SIAS

Friday, 26 Jul 2019 12:44pm EDT

July 29 (Reuters) - ASTM SpA ::SAID ON FRIDAY ANNOUNCED PROVISIONAL RESULTS OF VOLUNTARY PARTIAL PUBLIC TENDER OFFER LAUNCHED BY ASTM ON 11.4 mln SHARES OF SOCIETA INIZIATIVE AUTOSTRADALI E SERVIZI (SIAS) <<>> EQUAL TO 5% OF SHARE CAPITAL.DURING THE TENDER PERIOD 24.4 MLN SIAS SHARES WERE TENDERED, EQUAL TO 214.082% SHARES SUBJECT TO THE OFFER AND 10.704% OF SIAS SHARE CAPITAL .SINCE THE NUMBER OF SHARES TENDERED WAS HIGHER THAN MAXIMUM NUMBER OF SHARES UNDER OFFER, TENDERED SHARES WILL BE ALLOCATED ACCORDING TO PRO-RATA METHOD .PROVISIONAL ALLOCATION COEFFICIENT APPLICABLE ON BASIS OF PROVISIONAL RESULTS OF OFFER IS EQUAL TO 46.711%.IF OFFER IS EFFECTIVE, ASTM WILL PURCHASE 11.4 MLN SIAS SHARES FOR TOTAL EUR 199.1 MLN .REMAINING 13 MLN SIAS SHARES TENDERED TO OFFER WILL BE RETURNED TO RELEVANT SHAREHOLDERS ON AUG 2 .ON BASIS OF PROVISIONAL RESULTS OF OFFER ASTM TO HOLD 66.826% OF SIAS SHARE CAPITAL .

SIAS Board Says Price Under ASTM's Tender Offer Is "Suitable" From Financial Point Of View

Thursday, 4 Jul 2019 12:07pm EDT

July 4 (Reuters) - Societa Iniziative Autostradali e Servizi SpA (SIAS) ::BOARD SAYS CONSIDERATION UNDER TENDER OFFER, OFFERED BY ASTM, OF EUR 17.50 PER CO'S SHARE IS "SUITABLE" FROM FINANCIAL POINT OF VIEW.

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