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LTX - Lentex SA News Story

PLN9 0.0  0.0%

Last Trade - 18/09/20

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £76.9m
Enterprise Value £88.3m
Revenue £59.8m
Position in Universe 191st / 751

BRIEF-Vaporjet to launch tender offer for 100 pct of Novita

Tue 7th June, 2016 8:04am
June 7 (Reuters) - Novita SA  NVT.WA : 
    * Israel-based Vaporjet Ltd signs letter of intent to launch 
tender offer for 100 percent stake in the company 
    * Vaporjet Ltd or its unit to launch tender offer no later 
than by June 30, 2016 
    * Vaporjet tender offer's minimum threshold of Novita's 
stake acquired to be at 63.17 percent 
    * Lentex, under the letter of inent, oblige not to sell its 
stake in Novita, before the date of singing of final agreement 
    * Vaporjet launched talks with Lentex on sale of Novita's 
stake in April  urn:newsml:reuters.com:*:nL5N17T0XA 
 
Source text for Eikon:  ID:nEM0743039  
Further company coverage:  NVT.WA  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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