Brief: Legrand To Launch Tender Offer For Remaining Cogelec Shares

Legrand SA

08/10/2025 06:06

Oct 8 (Reuters) - Legrand SA LEGD.PA:

ACQUISITION OF COGELEC DÉVELOPPEMENT AND A MAJORITY STAKE IN COGELEC BY LEGRAND, UPCOMING SIMPLIFIED TENDER OFFER AND CHANGES IN COGELEC'S GOVERNANCE

WILL SOON FILE A DRAFT MANDATORY SIMPLIFIED TENDER OFFER TO ACQUIRE REMAINING SHARES OF COGELEC AT A PRICE OF EUR 29 PER COGELEC SHARE

COMPOSITION OF COGELEC'S BOARD OF DIRECTORS HAS BEEN ADJUSTED AND NOW CONSISTS OF FOUR DIRECTORS REPRESENTING LEGRAND

ROGER LECLERC WILL CONTINUE TO SERVE AS COGELEC CHAIRMAN AND CEO UNTIL APPOINTMENT OF A NEW CEO NO LATER THAN DECEMBER 31, 2025

Source text: ID:nBw8yDj5Pa

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