Brief: Suedzucker Welcomes Recommendation Of Delisting Tender Offer By CropenErgies AG

Suedzucker AG

26/01/2024 13:57

Jan 26 (Reuters) - SUEDZUCKER AG  SZUG.DE :
    * WELCOMES THE RECOMMENDATION OF THE DELISTING TENDER OFFER
BY
CROPENERGIES AG
    * MANAGEMENT BOARD AND SUPERVISORY BOARD CONSIDER OFFER
PRICE OF
EUR 11.50 CASH PER CROPENERGIES SHARE TO BE APPROPRIATE AND TO
REFLECT FAIR VALUE OF SHARE
    * RECOMMEND AC-CEPTANCE OF OFFER IN THEIR JOINT REASONED
OPINION
ON PUBLIC DELISTING TEN-DER OFFER BY SÜDZUCKER AG
    * DELISTING TENDER OFFER WILL NOT BE EXTENDED (UNLESS
REQUIRED BY
LAW) AND IS NOT SUBJECT TO ANY CONDITIONS
    * DELISTING OF CROPENERGIES SHARES FROM REGULATED MARKET IS
EXPECTED TO BECOME EFFECTIVE AFTER EXPIRY OF ACCEPTANCE PERIOD
OF DELISTING TENDER OFFER BY END OF FEB 2024

Source text for Eikon:  ID:nEQb7JX6ma 
Further company coverage:  SZUG.DE 

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