Brief: Clerbil Leads Takeover Bid For Azkoyen Through Ohmnia For €10 Per Share
BRIEF-Clerbil Leads Takeover Bid For Azkoyen Through Ohmnia For €10 Per Share July 24 (Reuters) - Azkoyen SA AZK.MC:
OHMNIA ELECTRONICS, ANNONUNCES A PUBLIC TAKEOVER BID OVER AZKOYEN
OHMNIA IS CONTROLLED BY CLERBIL, S.L.
CONSIDERATION OFFERED BY OHMNIA TO AZKOYEN’S SHAREHOLDERS IS 10 EUROS PER SHARE AND WILL BE PAID ENTIRELY IN CASH
MAXIMUM TOTAL AMOUNT TO BE PAID BY OFFERING COMPANY WILL AMOUNT TO €244.5 MILLION
WILL FUND OFFER PRICE THROUGH A COMBINATION OF ITS OWN RESOURCES AND DEBT FINANCING
OFFER IS NOT A DELISTING OFFER
INTENDS TO PURSUE, AS QUICKLY AS POSSIBLE FOLLOWING SETTLEMENT OF OFFER, A MERGER BY ABSORPTION OF OHMNIA BY AZKOYEN
Source text: ID:nCNM20sMqK
Further company coverage: AZK.MC
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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