Brief: Oci Nv Recommends Unsolicited All-Cash Offer From Nns At Eur 4.10 Per Share
BRIEF-Oci Nv Recommends Unsolicited All-Cash Offer From Nns At Eur 4.10 Per Share July 1 (Reuters) - OCI NV OCI.AS:
OCI RECOMMENDS UNSOLICITED ALL-CASH OFFER FROM NNS AT EUR 4.10 PER SHARE
OCI WILL HOLD AN EGM PRIOR TO CLOSING OF ACCEPTANCE PERIOD OF OFFER AND WILL PUBLISH ITS POSITION STATEMENT AT LEAST TEN BUSINESS DAYS PRIOR TO CLOSING OF ACCEPTANCE PERIOD
OCI RESOLUTION TO APPROVE OCI-ORASCOM TRANSACTION WILL BE SUBJECT TO CONDITION THAT NNS WILL HAVE MADE OFFER, WILL HAVE DECLARED OFFER UNCONDITIONAL AND WILL HAVE COMPLETED SETTLEMENT THEREOF
OCI BOARD CONTINUES TO RECOMMEND ORASCOM COMBINATION
Source text: nPn9JyFzqa
Further company coverage: OCI.AS
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on OCI
See all newsBrief: OCI Global Reports H1 Net Profit Of USD 1 Mln
Brief: NNS Holding Launches Voluntary All-Cash Offer For OCI Shares
Brief: Oci Confirms It Has Received A Petition Filed By Value8
Brief: Orascom Construction Updates on Proposed Combination with OCI Global
Brief: Oci Nv Recommends Unsolicited All-Cash Offer From Nns At Eur 4.10 Per Share