Brief: Dumont Investissement Buys SAMSE Shares Held By BME France

Samse SA

27/01/2020 07:30

Jan 27 (Reuters) - SAMSE SA  SAMS.PA :
    * ANNOUNCED ON FRIDAY, DUMONT INVESTISSEMENT BUYS SAMSE
SHARES
HELD BY BME FRANCE (FORMERLY CRH FRANCE DISTRIBUTION) WHICH
RENOUNCES TO ITS PURCHASE OPTION TO TAKE CONTROL OF DUMONT
INVESTISSEMENT
    * DUMONT INVESTISSEMENT, MAJORITY SHAREHOLDER OF SAMSE,
SIGNS
CONTRACT PROVIDING FOR THE ACQUISITION OF 21.13% STAKE IN THE
CAPITAL OF SAMSE HELD BY BME FRANCE, FOR A PRICE, EXCLUDING
COSTS, OF EUR 136,000,000
    * THIS ACQUISITION, WHICH CORRESPONDS TO PURCHASE PRICE PER
SHARE
OF ABOUT EUR 186, IS EXPECTED TO BE COMPLETED BY END OF FEBRUARY
2020
    * THIS ACQUISITION WILL INCREASE DUMONT INVESTISSEMENT'S
STAKE TO
77.30% OF THE CAPITAL AND 81.28% OF VOTING RIGHTS OF SAMSE
    * ONCE COMPLETED, IT WILL TERMINATE THE SAMSE SHAREHOLDERS'
AGREEMENT ENTERED INTO ON SEPTEMBER 17, 2014 BETWEEN DUMONT
INVESTISSEMENT AND BME FRANCE
    * IT WILL ALSO BE ACCOMPANIED BY THE WAIVER BY BME FRANCE,
WITHOUT
COMPENSATION AT ITS EXPENSE, OF THE OPTION TO PURCHASE CONTROL
OF DUMONT INVESTISSEMENT GRANTED TO IT ON THE SAME DAY

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBw1h1dJxa
    
 Further company coverage:  SAMS.PA  
   


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