Brief: Spanish Regulator To Authorise Apollo's Bid On Applus Services

Applus Services SA

17/01/2024 17:35

Jan 17 (Reuters) - Comision Nacional del Mercado de
Valores (CNMV):
    * TO AUTHORISE VOLUNTARY TAKEOVER BID FOR SHARES OF APPLUS
SERVICES SUBMITTED BY MANZANA SPAIN BIDCO ON 29 JUNE 2023
    * PRICE OF BID IS 9.50 EUROS PER SHARE
    * BID IS AIMED AT 100% OF THE SHARE CAPITAL OF APPLUS
SERVICES,
S.A. REPRESENTED BY 129,074,133 SHARES
    * ONCE RESOLUTION HAS BEEN ADOPTED IN RELATION TO THE
AUTHORISATION OF THE COMPETING BID, CNMV WILL INFORM OF THE
ACCEPTANCE PERIOD
    * BID OF PRESENT RESOLUTION IS DEEMED TO BE INITIAL BID WITH
RESPECT TO COMPETING BID WHOSE APPLICATION FOR AUTHORISATION WAS
SUBMITTED BY AMBER EQUITYCO ON SEPT 14, 2023, WHOSE
AUTHORISATION IS PENDING

Source text for Eikon:  ID:nCNM3MxyCp 
Further company coverage:  APPS.MC 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))