Brief: Itesoft Says CDML Will File Simplified Takeover Bid During Q4

Itesoft SA

01/10/2021 11:11

Oct 1 (Reuters) - ITESOFT SA  ITFT.PA :
    * DRAFT PUBLIC OFFER TO BE LAUNCHED BY CDML AT A PRICE OF
EUR 4.00
PER ITESOFT SHARE
    * CDML WILL FILE A SIMPLIFIED TAKEOVER BID DURING Q4
    * IMPLEMENTATION OF A SQUEEZE-OUT IF PARTIES INVOLVED WERE
TO HOLD
MORE THAN 90% OF THE CAPITAL AND VOTING RIGHTS OF ITESOFT
FOLLOWING THE OFFER

Source text: https://bit.ly/3Bea0MJ
Further company coverage:  ITFT.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))