Brief: JSS Reports Fulfilment Of One Of Conditions To Its Takeover Bid For Arima

JSS Real Estate SOCIMI SA

12/11/2024 06:12

Nov 12 (Reuters) - JSS Real Estate Socimi SA:
    * SAID ON MONDAY ITS TENDER OFFER FOR ARIMA WAS ACCEPTED BY
SHAREHOLDERS OWNING 99.32% OF CAPITAL STOCK
    * LEGAL REQUIREMENTS TO EXERCISE SELL OUT RIGHT BY REMAINING
ARIMA
SHAREHOLDERS AND TO EXERCISE SQUEEZE-OUT RIGHT BY OFFEROR WERE
MET
    * SQUEEZE-OUT PRICE WILL BE CASH CONSIDERATION PER SHARE
EQUAL TO
OFFER PRICE

        
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