Brief: Intervest Offices & Warehouses Announces Results Of IAP Of Takeover Bid By TPG

Intervest Offices & Warehouses NV

28/02/2024 06:35

Feb 28 (Reuters) - Intervest Offices & Warehouses NV
 PRIF.BR :
    * REG-INTERVEST OFFICES & WAREHOUSES SA: COMMUNIQUÉ DE
PRESSE –
PERSBERICHT - PRESS RELEASE: RESULTS OF IAP OF TAKEOVER BID BY
TPG AND REOPENING OF THE OFFER ON 28 FEBRUARY 2024
    * TPG ACQUIRES 89.76% OF THE SHARES IN INTERVEST
    * TPG REOPENS ITS OFFER BETWEEN 28 FEBRUARY 2024 AND 28
MARCH 2024
    * PRICE OF THE OFFER WILL BECOME PAYABLE ON 13 MARCH 2024
    * 50% PLUS 1 ACCEPTANCE THRESHOLD TO WHICH THE OFFER WAS
SUBJECT
HAS THEREFORE BEEN MET, AS A RESULT OF WHICH THE OFFER HAS NOW
BECOME UNCONDITIONAL
    * OFFER PRICE OF € 21.00 PER SHARE
    * RESULTS OF THE SUBSEQUENT ACCEPTANCE PERIOD FOLLOWING THE
REOPENING WILL BE ANNOUNCED ON OR BEFORE 4 APRIL 2024
    * PAYMENT OF THE OFFER PRICE FOR THE SHARES TENDERED DURING
THE
SUBSEQUENT ACCEPTANCE PERIOD AS A RESULT OF THE REOPENING WILL
BECOME PAYABLE ON 18 APRIL 2024
    * DURING THE INITIAL ACCEPTANCE PERIOD, 27,357,807 SHARES,
OR
88.75% OF THE SHARES OF INTERVEST, WERE TENDERED IN THE CONTEXT
OF THE OFFER

Source text for Eikon:  ID:nGNE32W8Gc 
Further company coverage:  PRIF.BR 

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