Brief: Suedzucker Initates Acceptance Period For Delisting Tender Offer Of CropEnergies

Suedzucker AG

17/01/2024 10:49

Jan 17 (Reuters) - SUEDZUCKER AG  SZUG.DE :
    * ANNOUNCES START OF ACCEPTANCE PERIOD FOR PUBLIC DELISTING
TENDER
OFFER TO SHAREHOLDERS OF CROPENERGIES AG
    * ACCEPTANCE PERIOD COMMENCES TODAY AND ENDS ON FEBRUARY 16,
2024;
THERE WILL BE NO ADDITIONAL ACCEPTANCE PERIOD.
    * OPPORTUNITY FOR ALL CROPENERGIES SHAREHOLDERS TO TENDER
THEIR
SHARES AT AN ATTRACTIVE CASH CONSIDERATION OF EUR 11.50 PER
SHARE
    * REPRESENTING A PREMIUM OF AROUND 36.9 % ON VOLUME-WEIGHTED
AVERAGE PRICE DURING LAST SIX MONTHS PRECEDING PUBLICATION OF
DECISION TO LAUNCH DELISTING TENDER OFFER.
    * EXECUTIVE BOARD OF CROPENERGIES SUPPORTS DELISTING

Source text for Eikon:  ID:nEQ1sLKPSa 
Further company coverage:  SZUG.DE 

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