Brief: Hercules Bidco Announces Takeover Offer For Deutsche EuroShop

Deutsche Euroshop AG

23/05/2022 07:18

May 23 (Reuters) - HERCULES BIDCO:
    * DECIDED ON 23 MAY TO OFFER TO SHAREHOLDERS OF DEUTSCHE
EUROSHOP
BY WAY OF VOLUNTARY PUBLIC TAKEOVER OFFER TO BUY ALL NO-PAR
VALUE SHARES IN DES WITH A NOTIONAL INTEREST IN SHARE CAPITAL OF
EUR 1.00 PER SHARE
    * BIDDER INTENDS TO OFFER A CASH CONSIDERATION IN AMOUNT OF
EUR
21.50 PER DES SHARE
    * SHAREHOLDERS OF DES WILL RECEIVE AMOUNT OF DIVIDEND TO BE
PAID
FOR FY 2021, EXPECTED AT EUR 1.00 PER DES SHARE, RESULTING IN
TOTAL OFFER VALUE OF EUR 22.50 PER DES SHARE

Source text for Eikon:  ID:nEQ9GVc3ja 
Further company coverage:  DEQGn.DE 

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