Brief: Carmila: Potential Stake Increase In Galimmo To 99.9%

Carmila SA

01/07/2024 06:15

July 1 (Reuters) - Carmila SA  CARM.PA :
    * POTENTIAL STAKE INCREASE IN GALIMMO SCA TO 99.9%
    * OPTION TO SELL ITS ENTIRE 7% STAKE IN GALIMMO SCA,
EXERCISABLE1
UNTIL JULY 30, 2024, FOR APPROXIMATELY EUR 27 MILLION (THAT IS
EUR 11.93 PER SHARE)
    * CARMILA WILL FILE A TENDER OFFER IN COMING WEEKS, FOLLOWED
BY A
SQUEEZE-OUT FOR REMAINING SHARES IN GALIMMO SCA

Source text for Workspace:  urn:newsml:reuters.com:*:nBw1RL140a
Further company coverage:  CARM.PA 

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