Brief: exceet Group grants potential buyer of Greenock's stake chance to conduct due diligence
14/02/2017 10:36
Feb 14 (Reuters) - exceet Group SE EXCL.DE :
* exceet grants potential buyer of a significant equity stake who contemplates a tender
offer to shareholders of exceet Group SE opportunity to conduct a due diligence
* According to provisions of letter of interest, potential buyer is considering to acquire
Greenock's stake at a price of 3.90 euros to 4.00 euros ($4.14 - $4.25) per share
* In addition, potential buyer is considering issuing a tender offer to all shareholders of
exceet Group SE, subject to certain conditions precedent
* Board of Directors of exceet Group is not yet able to assess, whether conditions precedent
for acquisition of Greenock's stake by potential buyer and for tender offer to shareholders of
exceet Group SE will be met or not
Source text for Eikon: ID:nEQ79JWXv
Further company coverage: EXCL.DE
($1 = 0.9420 euros)
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