Elliott Advisors proposes to acquire Aryzta for 0.80 Sfr per share
23/11/2020 05:42
ZURICH, Nov 23 (Reuters) - Elliott Capital Advisors said it
made a proposal to acquire all outstanding shares of Swiss-Irish
bakery firm Aryzta ARYN.S for an indicative price of 0.80
Swiss francs per share.
The financing for the potential offer is available and
refinancing arrangements for the company's existing debt are at
a very advanced stage, Elliott said in a statement on Monday.
(Reporting by Silke Koltrowitz; editing by Thomas Seythal)
((silke.koltrowitz@thomsonreuters.com; +41 41 528 3638;))