Brief: Pihlajalinna: Preliminary Result Of Mehiläinen's Voluntary Public Cash Tender Offer

Pihlajalinna Oyj

23/11/2020 12:44

Nov 23 (Reuters) - Pihlajalinna Oyj  PIHLIS.HE :
    * MEHILÄINEN - ACCORDING TO PRELIMINARY RESULT SHARES
VALIDLY
TENDERED REPRESENT ABOUT 85.78 % OF SHARES AND VOTES IN
PIHLAJALINNA
    * MEHILÄINEN - WILL ANNOUNCE FINAL RESULT ON OR ABOUT NOV 25
AND
WILL IN CONNECTION CONFIRM WHETHER TENDER OFFER WILL BE
COMPLETED
    * MEHILÄINEN - MARKET COURT'S STATUTORY HANDLING PERIOD
EXPIRES ON
DEC 29, AND CO DOES NOT EXPECT COURT TO RENDER ITS DECISION
BEFORE FINAL RESULT IS ANNOUNCED
    * MEHILÄINEN - DEEMS IT UNLIKELY THAT IT WILL BE ABLE TO
COMPLETE
TENDER OFFER
    * MEHILÄINEN - WILL CONTINUE PROCEEDINGS BEFORE MARKET COURT
WITH
AIM OF OBTAINING MARKET COURT'S DECISION BY END OF STATUTORY
HANDLING PERIOD
    * MEHILÄINEN - SHOULD CO OBTAIN A FAVORABLE DECISION, IT
WOULD
SEEK TO COOPERATE WITH PIHLAJALINNA IN EXPLORING A POSSIBLE
COMBINATION OF TWO COS BY WAY OF A SUBSEQUENT TRANSACTION

Source text for Eikon:  ID:nHSU8DgX 
Further company coverage:  PIHLIS.HE 

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