Brief: Honkarakenne Board does not recommend shareholders accept Sistema Finance offer
09/12/2016 13:30
Dec 9 (Reuters) - Honkarakenne Oyj HONBS.HE :
* Board considers that offer price stated in tender offer made by Sistema Finances S.A. of
1.50 in cash euros does not reflect company's value creation potential
* Board also considers there is uncertainty regarding implementation of general strategic
plans presented in tender offer and their positive effects
* Does not recommend to shareholders acceptance of tender offer
Source text for Eikon: ID:nHSU6Gqf
Further company coverage: HONBS.HE
(Gdynia Newsroom)
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