Brief: Asseco Business Solutions announces tender offer for Macrologic shares

Asseco Business Solutions SA

12/04/2017 06:39

April 12 (Reuters) - Asseco Business Solutions SA  ABSP.WA : 
    * Said on Tuesday that it announced a tender offer for 
1,888,719 shares of Macrologic SA  MCLP.WA  at a price of 59.0 
zlotys ($14.73) per share 
    * The company plans to reach 100 pct in Macrologic 
    * The company does not own any shares of Macrologic 
    * Asseco Business Solutions intends to acquire the shares if 
investors agree to sell at least 1,416,540 shares representing 
75 pct of stake in Macrologic 
    * Entries in the tender offer will be accepted from May 8 to 
June 6 
    * The company treats the acquisition as a strategic 
investment aimed at creating Asseco Business Solutions group 
specialized in the production and implementation of its own ERP 
software  
    * The company decided to take out a loan for up to 70.0 
million zlotys for operating activity and in particular to 
finance acquisition of Macrologic shares  
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1195407 
     
 Further company coverage:  ABSP.WA   
    
 
 
 
($1 = 4.0046 zlotys) 
 
 (Gdynia Newsroom) 
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