Brief: IVS Group SA-Lavazza Group And IVS Partecipazioni Announce Launch Of A Voluntary Totalitarian Tender Offer Aimed At Delisting Of IVS Group

IVS SA

22/04/2024 23:03

April 22 (Reuters) - IVS Group SA  IVS.MI :
    * LAVAZZA GROUP AND IVS PARTECIPAZIONI ANNOUNCE LAUNCH OF A
VOLUNTARY TOTALITARIAN TENDER OFFER AIMED AT DELISTING OF IVS
GROUP
    * CONSIDERATION FOR OFFER, EQUAL TO EURO 7.15 PER SHARE
TENDERED
TO OFFER
    * DEPENDING ON ACCEPTANCE OF OFFER, IVSP WOULD HOLD A STAKE
OF AT
LEAST 51%
    * TORINO1895 WOULD NO LONGER HOLD ANY DIRECT OR INDIRECT
STAKE IN
IVSG
    * IVS GROUP - DEPENDING ON ACCEPTANCE OF OFFER, ECS WOULD
HOLD A
STAKE OF BETWEEN 39% AND 49% OF SHARE CAPITAL OF GREY AND,
INDIRECTLY, OF IVSG

Source text for Eikon:  ID:nBIA6J4Nx5 
Further company coverage:  IVS.MI 

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