Brief: Wendel to tender its 27.8 pct stake in exceet Group into White Elephant's public takeover offer

H2APEX SCA

18/09/2017 18:04

Sept 18 (Reuters) - WENDEL  MWDP.PA : 
    * WENDEL UNDERTOOK TO TENDER ITS 27.8% STAKE IN EXCEET 
GROUP SE INTO VOLUNTARY PUBLIC TAKEOVER OFFER 
    * SETTLEMENT OF THIS TRANSACTION IS EXPECTED BY END OF 
YEAR 
    * WENDEL (THROUGH ITS AFFILIATE ORANJE NASSAU) UNDERTOOK 
VIS-A-VIS WHITE ELEPHANT TO TENDER ITS ENTIRE STAKE OF 5.7 
MILLION EXCEET SHARES INTO OFFER 
    * WHITE ELEPHANT ANNOUNCED TODAY ITS INTENTION TO LAUNCH A 
VOLUNTARY PUBLIC TAKEOVER OFFER FOR ACQUISITION OF ALL CLASS A 
SHARES OF EXCEET GROUP SE 
 
Source text for Eikon:  ID:nGNE1n1T6q  
Further company coverage:  MWDP.PA  
 
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