Brief: Haier Not Proceed With Tender Offer For Purmo

Purmo Oyj

31/07/2024 14:24

July 31 (Reuters) - Purmo Group Oyj  PURMO.HE :
    * WILL NOT PROCEED WITH ITS TENDER OFFER FOR ALL THE SHARES IN PURMO
    * AS AGREEMENT WITH PURMO'S SHAREHOLDERS COULD NOT BE FOUND, OFFEROR NOTES CERTAIN
CONDITIONS TO
COMPLETION HAVE BECOME INCAPABLE OF SATISFACTION
    * DECISION DOES NOT LIMIT HAIER'S RIGHT TO CONSIDER MAKING NEW TENDER OFFER FOR SHARES IN
PURMO IN
FUTURE
    * NO DECISIONS HAVE BEEN TAKEN TO EITHER MAKE OR REFRAIN FROM MAKING NEW TENDER OFFER AT
LATER
POINT IN TIME

Source text for Eikon:  ID:nWkrbQdz6b 
Further company coverage:  PURMO.HE 

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