Brief: Recticel Says Greiner’s Offer Substantially Undervalued The Company

Recticel SA

25/05/2021 06:22

May 25 (Reuters) - RECTICEL NV  RECT.BR :
    * GREINER’S UNSOLICITED OFFER SUBSTANTIALLY UNDERVALUES
RECTICEL
    * UNSOLICITED CONDITIONAL VOLUNTARY TAKEOVER BID FROM
GREINER AG
ON RECTICEL FOR EUR 13.50 PER SHARE DOES NOT ADDRESS THE
POSITION AND LEGITIMATE INTERESTS OF ALL STAKEHOLDERS AND
SUBSTANTIALLY UNDERVALUES THE COMPANY
    * WILL KEEP ITS SHAREHOLDERS AND ALL OTHER STAKEHOLDERS
INFORMED
OF ALL SIGNIFICANT DEVELOPMENTS, AND WILL ISSUE ADDITIONAL
STATEMENTS IF AND WHEN APPROPRIATE

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

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