Brief: Takeover bid for Spadel falls short of squeeze out threshold - Euronext

Societe de Services de Participations, de Direction et dElaboration SA

29/12/2015 13:46

Dec 29 (Reuters) - Euronext: 
    * 6,197 shares were tendered to the reopened takeover bid by 
Finances & Industries on shares issued by Spadel  SPAB.BR  
    * Finances & Industries holds 3,861,197 Spadel shares 
representing 93.03 pct of the share capital of the company 
    * Conditions for the launching of a squeeze out bid are not 
fulfilled 
 
 
Further company coverage:  SPAB.BR  
 
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