Brief: Groupe Crit To Buy Openjobmetis

Groupe Crit SA

21/12/2023 06:44

Dec 21 (Reuters) - Groupe Crit SA  CITT.PA :
    * ANNOUNCES SIGNATURE OF AN AGREEMENT ON THE ACQUISITION OF
A
MAJORITY STAKE IN THE CAPITAL OF THE COMPANY OPENJOBMETIS
 OJM.MI  LISTED ON EURONEXT MILAN
    * ACQUISITION WOULD BE CARRIED OUT IN CASH AT A PRICE OF EUR
16.50
PER OPENJOBMETIS SHARE
    * AFTER TRANSACTION CO WILL HOLD 57.7% OF OPENJOBMETIS
CAPITAL 
    * PLANS TO FINALIZE THE ACQUISITION AT THE BEGINNING OF 2024
    * IF TRANSACTION IS COMPLETED, WILL MAKE A PUBLIC PURCHASE
OFFER
ON THE BALANCE OF THE SHARES AT A PRICE OF 16.5 EUROS PER SHARE,
AN OFFER WHICH COULD BE FOLLOWED BY A SQUEEZE-OUT IF THE
REQUIRED CONDITIONS ARE MET
    * THANKS TO THIS OPERATION, GROUPE CRIT SHOULD EXCEED EUR
3.3
BILLION IN ANNUAL TURNOVER ON A PROFORMA BASIS

Source text: http://tinyurl.com/92kuher4
Further company coverage:  CITT.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))