Brief: Applus Provides Updates On IDIADA Tender

Applus Services SA

03/07/2024 13:35

July 3 (Reuters) - Applus Services SA  APPS.MC :
    * REGARDING TENDER FOR SALE OF 80% OF SHARE CAPITAL OF
IDIADA
AUTOMOTIVE TECHNOLOGY, CURRENTLY OWNED BY APPLUS+
    * OBTAINS 18.884 POINTS OVER A TOTAL AVAILABLE OF 20 POINTS
IN THE
ENVELOPE B
    * WITH REGARD TO OPENING OF ENVELOPE C (ECONOMIC OFFER)
PRICE
OFFERED WAS 428 MILLION EURO
    * APPLUS+ IS CURRENTLY ONLY COMPANY THAT HAS SUBMITTED OFFER

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Further company coverage:  APPS.MC 

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