Brief: Metrovacesa's Board Issues Unfavourable Opinion Regarding FCC Bid

Metrovacesa SA

06/06/2022 17:22

June 6 (Reuters) - Metrovacesa SA  MVC.MC :
    * BOARD SAYS REGARDING VOLUNTARY PUBLIC BID LAUNCHED BY FCYC
THAT
BID PRICE DOES NOT PROPERLY REFLECT INTRINSIC VALUE OF
METROVACESA'S SHARES AND SO IT ISSUES AN UNFAVOURABLE OPINION ON
THE PUBLIC BID
    * ALL DIRECTORS HOLDING CO'S SHARES HAVE STATED THAT THEIR
CURRENT
INTENTION IS NOT TO ACCEPT THE PUBLIC BID WITH THEIR SHARES

Source text for Eikon:  ID:nCNM6jzHHw 
Further company coverage:  MVC.MC  FCC.MC 

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