Nov 21 (Reuters) - Safilo Group SpA SFLG.MI:
SAID ON THURSDAY IT HAD MADE INITIAL APPROACH TO INSPECS IN RELATION TO POTENTIAL ACQUISITION OF ESCHENBACH GROUP, BODE BUSINESSES
IT HAS SUBSEQUENTLY MADE TWO NON-BINDING POSSIBLE CASH OFFERS TO BUY ENTIRE ISSUED, TO BE ISSUED SHARE CAPITAL OF INSPECS, APPROACHES REJECTED BY INSPECS
CONTINUES TO ASSESS OPTIONS, INCLUDING POSSIBILITY OF MAKING REVISED OFFER TO BUY ENTIRE ISSUED, TO BE ISSUED SHARE CAPITAL OF INSPECS
TO ANNOUNCE INTENTION BY NOT LATER THAN DECEMBER 18
Further company coverage: SFLG.MI
(Gdansk Newsroom)
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