Brief: Banca Generali Proposes Takeover Bid For Intermonte At 3.04 EUR/Shr Aimed At Delisting
16/09/2024 06:50
Sept 16 (Reuters) - Banca Generali SpA BGN.MI :
* TO PAY 3.04 EUR PER SHARE FOR EVERY SHARE OF INTERMONTE,
TAKEOVER BID AIMED AT DELISTING
* INTERMONTE TO CONTINUE OPERATING AS AUTONOMOUS BUSINESS
AFTER
TAKEOVER
* CONTROLLING STAKEHOLDERS, REPRESENTING 52% OF SHAREHOLDING
OF
INTERMONTE, HAVE AGREED TO SUBSCRIBE OFFER
* PRICE OF OFFER INCLUDES PREMIUM OF 21.9% WITH RESPECT TO
OFFICIAL PRICE OF INTERMONTE SHARES ON SEPT 13, 2024
* IN EVENT OF FULL ACCEPTANCE OF OFFER BY ALL HOLDERS OF
OFFER
SHARES, MAXIMUM AGGREGATE DISBURSEMENT OF OFFER IS EUR 98.2
MILLION
Further company coverage: BGN.MI
(Gdansk Newsroom)
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