Brief: Intervest Offices & Warehouses Announces Publication Of Prospectus On Takeover Offer By TPG

Intervest Offices & Warehouses NV

17/01/2024 06:46

Jan 17 (Reuters) - Intervest Offices & Warehouses NV
 PRIF.BR :
    * ANNOUNCES THE PUBLICATION OF THE PROSPECTUS AND THE
RESPONSE
MEMORANDUM REGARDING THE VOLUNTARY AND CONDITIONAL TAKEOVER
OFFER IN CASH BY TPG
    * INITIAL ACCEPTANCE PERIOD WILL OPEN ON 18 JANUARY 2024 AND
END
ON 21 FEBRUARY 2024
    * SUPERVISORY BOARD AND THE MANAGEMENT BOARD OF INTERVEST
OFFICES
& WAREHOUSES NV HAVE CONFIRMED THEIR UNANIMOUS SUPPORT FOR THE
OFFER
    * OFFER PRICE OF €21.00 PER SHARE
    * ALL-CASH OFFER PROVIDES CERTAIN AND IMMEDIATE VALUE TO
INTERVEST
SHAREHOLDERS, REPRESENTING A 52.2% PREMIUM OVER THE CLOSING
SHARE PRICE ON OCTOBER 5, 2023

Source text for Eikon:  ID:nGNE5NK4j0 
Further company coverage:  PRIF.BR 

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