Brief: Esaliens TFI Withdraws From Merger With ALTUS TFI

Altus SA

04/09/2018 07:30

Sept 4 (Reuters) - ALTUS TOWARZYSTWO FUNDUSZY
INWESTYCYJNYCH SA  ALI.WA :
    * SAID ON MONDAY ESALIENS TFI SA WITHDRAWS FROM PLAN TO
MERGE WITH
ALTUS TFI THAT WAS AGREED ON JULY 31
    * ALTUS TFI SAYS ESALIENS TFI STATED THAT IT IS NOT POSSIBLE
TO
OBTAIN REQUIRED QUALIFIED MAJORITY FOR ADOPTION OF THE MERGER
PLAN AT GENERAL MEETING OF ESALIENS TFI
    * BOTH COMPANIES INTEND TO CONCLUDE AGREEMENT REGARDING
SUSPENSION
OF WORK ON MERGER OF COMPANIES
    * COMPANIES INFORMED ABOUT SIGNING THE MERGER PLAN IN
JULY urn:newsml:reuters.com:*:nL5N1US13C

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM7mY3rza
    
 Further company coverage:  ALI.WA  
   


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