Brief: Consortium Led By Sonae Secures Control Of Musti

Sonae SGPS SA

22/02/2024 15:15

Feb 22 (Reuters) - Sonae SGPS SA  YSO.LS :
    * IN SCOPE OF VOLUNTARY PUBLIC TENDER OFFER FOR ALL MUSTI
GROUP
SHARES LAUNCHED BY SUBSIDIARY, FLYBIRD HOLDING, AND FOLLOWING
ACQUISITION OF SHARES IN MARKET, OFFEROR ALREADY SECURED 50.10
PER CENT OF ALL ISSUED SHARES
    * THIS STAKE CONSIDERS TOTAL ACCEPTANCES RECEIVED DURING
OFFER
PERIOD WHICH ENDED ON FEB 15, TOGETHER WITH SHARES ACQUIRED OR
HELD BY OFFEROR
    * OFFEROR STARTED SUBSEQUENT OFFER PERIOD FOR SHARES, WHICH
IS SET
TO EXPIRE ON MARCH 6, AND ITS PRELIMINARY RESULTS ARE EXPECTED
ON MARCH 7
    * EXPECTS TO COMPLETE OFFER DURING THE FIRST QUARTER OF 2024

Source text: http://tinyurl.com/yhnt5yy5
Further company coverage:  YSO.LS 

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