Brief: Helios RE Ups Price Of Takeover Bid On Lar Espana

HELIOS RE SOCIMI

03/10/2024 06:22

Oct 3 (Reuters) - Helios RE:
    * SAID ON THURSDAY IT HAD ENTERED INTO AGREEMENT WITH
CASTELLANA
PROPERTIES
    * CASTELLANA PROPERTIES IRREVOCABLY UNDERTAKES TO ACCEPT
VOLUNTARY
TENDER OFFER FOR ALL OUTSTANDING SHARES OF LAR ESPANA LAUNCHED
BY HELIOS RE WITH RESPECT TO ITS ENTIRE STAKE AT EUR 8.30 PER
SHARE
    * PRICE ENTAILS INCREASE OF EUR 0.20 WITH RESPECT TO PRICE
CONTAINED IN ANNOUNCEMENT OF OFFER
    * AS A RESULT, HELIOS RE RESOLVES TO INCREASE
PRICE OF OFFER TO EUR 8.30 PER SHARE

        
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