Brief: Scor Acquires Altarea's Stake In MRM

MRM SA

26/09/2024 17:45

Sept 26 (Reuters) - Scor SE  SCOR.PA :
    * SCOR ACQUIRES ALTAREA'S STAKE IN MRM
    * REPRESENTING AROUND 15.9% OF SHARE CAPITAL
    * PROPOSED OFFER PRICE WOULD BE EQUAL TO NAV AS OF JUNE 30,
2024,
I.E., EUR 35.42 PER MRM SHARE
    * WILL FILE SIMPLIFIED PUBLIC TENDER OFFER WITH VIEW TO
DELISTING
MRM BY END OF 2024
    * FOLLOWING THIS ACQUISITION, SCOR, WILL HOLD AROUND 72.5%
OF
SHARE CAPITAL AND VOTING RIGHTS OF MRM
    * OFFER WILL BE FINANCED WITH SCOR'S AVAILABLE CASH FUNDS

Further company coverage:  SCOR.PA 

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