Brief: Hybrigenics Receives Takeover Bid

Aton SA

14/01/2019 07:19

Jan 14 (Reuters) - HYBRIGENICS SA  ALHYG.PA :
    * RECEIVES TAKEOVER BID
    * HAS RECEIVED OFFER OF TAKEOVER BY PARTIAL CONTRIBUTION OF
ASSETS
FROM FRENCH COMPANY LISTED ON EURONEXT
    * COMPANY THAT MADE OFFER DOES NOT WISH TO BE NAMED AT THIS
STAGE
OF THE DISCUSSIONS
    * PLANNED CONTRIBUTION WOULD CONSIST OF A SUBSIDIARY OF THAT
COMPANY; THIS SUBSIDIARY ALREADY GENERATES TURNOVER
    * HYBRIGENICS' BOARD OF DIRECTORS BELIEVES THAT THE OFFER
RECEIVED
COULD BE A PREFERABLE ALTERNATIVE TO THE AMICABLE LIQUIDATION
ENVISAGED SO FAR
    * TOOK NOTE OF THE WITHDRAWAL OF THE UNSOLICITED MOONSTONE
INVESTMENTS OFFER

Source text: https://bit.ly/2M8DEdp
Further company coverage:  ALHYG.PA 

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