Brief: Proposed Simplified Tender Offer For Bluelinea Shares

Bluelinea SA

22/07/2022 15:09

July 22 (Reuters) - Bluelinea SA  ALBLU.PA :
    * PROPOSED SIMPLIFIED TENDER OFFER FOR BLUELINEA SHARES AT A
PRICE
OF € 1.15 PER SHARE
    * THE OFFER WILL BE FINANCED FROM THE OFFEROR'S EXISTING
CASH
RESOURCES AND WILL NOT BE SUBJECT TO ANY REGULATORY APPROVAL OR
CONDITIONS
    * THE OFFEROR HAS INDICATED ITS INTENTION TO FILE THE
PROPOSED
OFFER IN THE COMING WEEKS
    * APICIL MUTUELLE AND APICIL PRÉVOYANCE INTEND TO FILE SOON
DRAFT
SIMPLIFIED TENDER OFFER FOR ALL BLUELINEA SHARES
    * THE OFFEROR HAS ALSO INDICATED ITS INTENTION NOT TO
IMPLEMENT A
SQUEEZE-OUT FOLLOWING THE OFFER, EVEN IF THE LEGAL AND
REGULATORY CONDITIONS ARE MET
    * OFFER PRICE SHOWS PREMIUM OF 2.2% COMPARED TO PRICE
PRECEDING
ANNOUNCEMENT OF RESULTS OF CAPITAL INCREASE AND PRINCIPLE OF
OFFER, ON JULY 15, 2022
    * TRADING SHOULD RESUME ON JULY 25

Source text for Eikon:  ID:nACT75662 
Further company coverage:  ALBLU.PA 

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