Brief: Power Conversion Holding Launches Takeover Bid For 100% Of Shares In Braga Moro, Aimed At Delisting
29/05/2026 06:44
BRIEF-Power Conversion Holding Launches Takeover Bid For 100% Of Shares In Braga Moro, Aimed At Delisting May 29 (Reuters) - Braga Moro Sistemi di Energia SpA BRM.MI on behalf of Power Conversion Holding SrL:
LAUNCHES VOLUNTARY TAKEOVER OFFER FOR TOTALITY OF SHARES IN BRAGA MORO
OPERATION AIMED AT DELISTING BRAGA MORO FROM EURONEXT GROWTH MILAN
OFFER PRICE SET AT 6.91 EUR PER SHARE
OFFER PRICE REPRESENTS PREMIUM OF 89.8% FROM CLOSING PRICE ON MAY 28, 2026
MAXIMUM COUNTERVALUE OF OFFER SET AT AROUND EUR 7.2 MILLION
TRANSACTION TO BE PARTIALLY FUNDED BY BANK FINANCING FROM BANCA FINANZIARIA INTERNAZIONALE
Further company coverage: BRM.MI
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