Brief: Sonae Says Finnish Financial Supervisory Authority Approves Tender Offer Document For Acquisition Of Musti

Sonae SGPS SA

15/12/2023 17:25

Dec 15 (Reuters) - Sonae SGPS SA  YSO.LS :
    * FINNISH FINANCIAL SUPERVISORY AUTHORITY APPROVED TENDER
OFFER
DOCUMENT SUBMITTED BY FLYBIRD HOLDING OY
    * OFFER PERIOD WILL RUN FROM 18 DECEMBER 2023 UNTIL 05
FEBRUARY
2024, UNLESS IT IS EXTENDED BY THE OFFEROR
    * OFFER IS EXPECTED TO BE COMPLETED DURING THE FIRST QUARTER
OF
2024
    * BOARD OF DIRECTORS OF MUSTI SUPPORTED ITS RECOMMENDATION
AFTER
ASSESSMENT OF SEVERAL FACTORS, INCLUDING TWO SEPARATE FAIRNESS
OPINIONS WHICH CONSIDERED OFFER PRICE TO BE FAIR FROM A
FINANCIAL POINT OF VIEW TO MUSTI SHAREHOLDERS
    * FINAL RESULT OF OFFER WILL BE ANNOUNCED ON OR ABOUT THIRD
FINNISH BANKING DAY FOLLOWING EXPIRATION OF OFFER PERIOD, AT THE
LATEST

Source text: http://tinyurl.com/528x74dy
Further company coverage:  YSO.LS   MUSTI.HE 

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