Brief: Kokusai Pulp & Paper, Sequana SA, Bpifrance Enter Agreement For Potential Acquisition Of Sequana And BpiFrance's 83.7% Stake In Antalis By KPP

KPP group Co

31/03/2020 07:42

March 31 (Reuters) - Kokusai Pulp & Paper Co Ltd  9274.T :
    * KOKUSAI PULP & PAPER CO LTD, (KPP) SEQUANA SA, BPIFRANCE
ENTER
AGREEMENT FOR POTENTIAL ACQUISITION OF SEQUANA AND BPIFRANCE'S
83.7% STAKE IN ANTALIS BY KPP
    * KOKUSAI PULP & PAPER - SEQUANA BLOCK WOULD BE ACQUIRED FOR
A
PRICE PER SHARE EQUAL TO €0.10
    * KOKUSAI PULP & PAPER - AGREED TO ACQUIRE 8.5% SHARE
CAPITAL AND
VOTING RIGHTS OF ANTALIS FOR €0.40 PER SHARE, SUBJECT ONLY TO
EFFECTIVE TRANSFER OF SHARES HELD BY SEQUANA TO KPP

Source text for Eikon:  ID:nTSOe76f49 
Further company coverage:  9274.T