Brief: Weng Fine Art AG Announces Voluntary Public Acquisition Offer To Shareholders Of Artnet

Artnet AG

20/09/2022 22:54

Sept 20 (Reuters) - Artnet Ag  AYDGn.DE :
    * EQS-NEWS: ARTNET AG: WENG FINE ART AG ANNOUNCES VOLUNTARY
PUBLIC
ACQUISITION OFFER TO THE SHAREHOLDERS OF ARTNET AG
    * OFFER IS NOT INTENDED TO REACH 30% CONTROL THRESHOLD OF
VOTING
RIGHTS
    * BIDDER INTENDS TO OFFER SHAREHOLDERS OF ARTNET A CASH
CONSIDERATION IN AMOUNT OF EUR 7.20 PER ARTNET SHARE
    * IT IS, THEREFORE, NOT A TAKEOVER OFFER, BUT MERELY AN
OFFER TO
ACQUIRE A MAXIMUM OF AROUND 4.41% OF ARTNET SHARES

Source text for Eikon:  ID:nEQ5QmMPMa 
Further company coverage:  AYDGn.DE 

 ((Reuters.Briefs@thomsonreuters.com;))