Prosegur's majority owner submits tender offer for 15% of shares

Prosegur Compania de Seguridad SA

15/11/2023 10:18

Nov 15 (Reuters) - Helena Revoredo, who controls
Prosegur  PSG.MC , on Wednesday submitted a public tender offer
to buy 15% of the shares in the Spanish private security
services group, sending its shares up 22%.
    Revoredo, who directly owns 59.8% in Prosegur, offered to
pay 1.83 euros ($1.99) in cash per share, a 27% premium over
Tuesday's price, Gubel, an investment company she owns, said in
a filing to the market regulator CNMV.
    She will open the offer within a month.
    The maximum total amount she would disburse is 149.6 million
euros.
        ($1 = 0.9217 euros)

 (Reporting by Tiago Brandao and Matteo Allievi, editing by Emma
Pinedo and Inti Landauro)
 ((Tiago.Brandao@thomsonreuters.com;))