Brief: Greiner's Recticel Takeover Offer Expires, Says Not Giving Up

Recticel SA

11/01/2022 08:18

Jan 11 - Greiner AG  GRNRH.UL :
    * SAYS NOT GIVING UP CONDITIONS PRECEDENT FOR RECTICEL
OFFER,
EXAMINING FURTHER OPTIONS FOR PARTICIPATION
    * SAYS OFFER TO RECTICEL SHAREHOLDERS HAS EXPIRED
    * BY END OF PRELIMINARY ACCEPTANCE PERIOD ON JAN. 7, 0.17%
OF
RECTICEL'S TOTAL SHARES HAD BEEN TENDERED
    * CONTINUES TO WORK WITH THE EUROPEAN COMMISSION ON ONGOING
PHASE
II INVESTIGATION
    * EXPLORING FURTHER OPTIONS FOR STAKE IN RECTICEL TO BE
ACQUIRED
UNDER SHARE PURCHASE AGREEMENT WITH COMPAGNIE DU BOIS SAUVAGE,
INCLUDING SALE TO ONE OR MORE THIRD PARTIES

    
 Source text: https://bit.ly/3tahsqS
    
 Further company coverage:  RECT.BR  
   


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