Brief: Board Rejects 1.65 EUR/Shr Takeover Bid By Cometa As Offered Price Is Below Minimum Value Determined By Expert

Servizi Italia SpA

12/12/2023 18:10

Dec 12 (Reuters) - Servizi Italia SpA  SERIT.MI :
    * BOARD CANNOT FORMULATE CONCLUSIVE OPINION ON EUR 1.65 PER SHARE OFFER BY
COMETA
    * OFFERED PRICE IS BELOW MINIMUM VALUE DETERMINED BY INDEPENDENT EXPERT
    * BOARD SPECIFIES EVERY EACH SHAREHOLDER SHOULD VALUE OFFER INDIVIDUALLY,
GIVEN
POSSIBILITY OF POOR LIQUIDITY IN AFTERMATH OF OFFER


Further company coverage:  SERIT.MI 

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