Brief: Libet Gets Conditional Binding Offer For Co's Assets Under Strategic Options Review

Libet SA

19/03/2020 17:34

March 19 (Reuters) - Libet SA  LBTA.WA :
    * SAYS UNDER PENDING REVIEW OF STRATEGIC OPTIONS GETS
BINDING
CONDITIONAL OFFER TO BUY CO'S ASSETS
    * INVESTOR INTERESTED SOLELY IN BUYING ALL 13 PLANTS OWNED
BY CO
OR ITS UNITS
    * SAYS BIDDER PLANS TO ALLOCATE 140 MILLION ZLOTYS FOR
TRANSACTION
    * SAYS PRICE OF 94.2 MILLION ZLOTYS NAMED IN OFFER, WHICH
MAY
CHANGE AFTER DUE DILIGENCE

Source text for Eikon:  ID:nEM7k4yXTa 
Further company coverage:  LBTA.WA 

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