Brief: Vinci Concessions, Eiffage Plan To File Tender Offer For SMTPC At Eur 23/Shr

Societe Marseillaise du Tunnel Prado Carenage SA

23/04/2021 17:37

April 23 (Reuters) - Vinci SA  SGEF.PA , Eiffage  FOUG.PA :
    * REG-VINCI CONCESSIONS AND EIFFAGE ENTER INTO AN AGREEMENT FOR EXCLUSIVE
NEGOTIATIONS WITH A VIEW TO FILE A SIMPLIFIED TENDER OFFER, FOLLOWED BY A
SQUEEZE-OUT, IF THE CONDITIONS FOR IMPLEMENTATION ARE MET, FOR THE SHARES OF
SOCIÉTÉ MARSEILLAISE DU TUNNEL PRADO CARENAGE SA  SMTPC.PA 
    * THIS PRICE REPRESENTS A PREMIUM OF 30.3% OVER THE CLOSING TRADING PRICE ON
31
MARCH 2021
    * PRICE OF EUR 23.0 PER SHARE (CUM DIVIDEND)
    * UPON COMPLETION OF THESE AGREEMENTS, VINCI CONCESSIONS AND EIFFAGE ACTING
IN
CONCERT, WILL GAIN CONTROL OF COMPANY


Further company coverage:  SGEF.PA 

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