Brief: Vaporjet to launch tender offer for 100 pct of Novita
07/06/2016 08:04
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
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