Brief: Punch outlines Accentis takeover offer
BRUSSELS, Nov 20 (Reuters) - Punch International NV PUNC.BR : * Proposes Accentis SYNB.BR takeover, offering 1 Punch share for 550 in Accentis or 1.25 euro cents per Accentis share * says share offer based on Punch price in 30 days preceding Nov 15, the day of takeover announcement -- 6.88 euros ((Brussels newsroom; +32 2 287 6810)) ((For more news, please click here PUNC.BR ))