Brief: Clasquin Announces Agreement On Its Timar Group Takeover

Clasquin SA

17/01/2023 16:56

Jan 17 (Reuters) - Clasquin SA  ALCLA.PA :
    * AGREEMENT ON TIMAR GROUP TAKEOVER BY CLASQUIN GROUP
    * CLASQUIN GROUP (PARIS:ALCLA) AND PUECH FAMILY GROUP
ANNOUNCE
SIGNING OF AN AGREEMENT FOR CLASQUIN GROUP TO ACQUIRE A
CONTROLLING INTEREST IN TIMAR GROUP
    * PARTIES HAVE ENTERED INTO EXCLUSIVE NEGOTIATIONS FOR
CLASQUIN
GROUP TO ACQUIRE 63.57% OF TIMAR SA'S SHARE CAPITAL AND VOTING
RIGHTS HELD BY MEMBERS OF PUECH FAMILY GROUP
    * THIS ACQUISITION WOULD THEN BE FOLLOWED BY A MANDATORY
TAKEOVER
BID ON REMAINING PORTION OF TIMAR'S SHARE CAPITAL

Source text for Eikon:  ID:nBw5jGBl6a 
Further company coverage:  ALCLA.PA 
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