Brief: Elos Medtech Says Recent Share Price Development Talks Regarding A Possible Takeover Bid Are Ongoing

Elos Medtech AB

01/06/2021 22:28

June 1 (Reuters) - Elos Medtech AB  ELOSSb.ST :
    * ELOS MEDTECH STATEMENT REGARDING RECENT SHARE PRICE
DEVELOPMENT:
TALKS REGARDING A POSSIBLE TAKEOVER BID ARE ONGOING
    * PARTY HAS INDICATED AN OFFER PRICE OF SEK 215 PER SHARE IN
CASH
ON A NON-BINDING BASIS
    * BOARD, COMMENCING LITTLE MORE THAN TWO WEEKS AGO,  IS IN
DISCUSSIONS WITH A PARTY CONCERNING A POSSIBLE TAKEOVER BID OF
CO
    * THERE CAN BE NO CERTAINTY THAT A TAKEOVER BID WILL BE
MADE, NOR
AS TO TERMS OF ANY SUCH OFFER

Source text for Eikon:  ID:nWkr2CjJP4 
Further company coverage:  ELOSSb.ST 

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