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Brief: Punch outlines Accentis takeover offer

BRUSSELS, Nov 20 (Reuters) - Punch International NV  PUNC.BR : * Proposes Accentis  SYNB.BR  takeover, offering 1 Punch share for 550 in Accentis or 1.25 euro cents per Accentis share * says share offer based on Punch price in 30 days preceding Nov 15, the day of takeover announcement -- 6.88 euros ((Brussels newsroom; +32 2 287 6810)) ((For more news, please click here  PUNC.BR ))

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