Brief: Synlab Confirms Non-Binding Expression Of Interest By Cinven

Synlab AG

13/03/2023 11:14

March 13 (Reuters) - Synlab Ag  SYAB.DE :
    * EQS-ADHOC: SYNLAB AG: NON-BINDING EXPRESSION OF INTEREST
BY
CINVEN FOR ACQUISITION OFFER AT AN INDICATIVE OFFER PRICE OF
10.00 EURO PER SYNLAB SHARE
    * CONFIRMS THAT FUNDS ADVISED BY CINVEN LIMITED HAVE
SUBMITTED A
LEGALLY NON-BINDING EXPRESSION OF INTEREST TO ACQUIRE UP TO 100%
OF COMPANY'S SHARES
    * CONFIRMS THAT FUNDS ADVISED BY CINVEN LIMITED HAVE
SUBMITTED A
LEGALLY NON-BINDING EXPRESSION OF INTEREST TO ACQUIRE UP TO 100%
OF COMPANY'S SHARES AT AN INDICATIVE OFFER PRICE OF 10.00 EURO
PER SYNLAB SHARE
    * CINVEN ALREADY HOLDS APPROXIMATELY 43% OF COMPANY'S SHARE
CAPITAL
    * EXAMINING EXPRESSION OF INTEREST AND ITS OPTIONS FOR
ACTION.
    * EXPRESSION OF INTEREST WAS NOT COORDINATED WITH COMPANY
AND IT
IS CURRENTLY NOT FORESEEABLE WHETHER THERE WILL BE A PUBLIC
ACQUISITION OFFER ON PART OF CINVEN TO ALL SHAREHOLDERS
    * WILL INFORM CAPITAL MARKETS AND PUBLIC ABOUT PROGRESS IN
ACCORDANCE WITH LEGAL REQUIREMENTS

Source text for Eikon:  ID:nEQ1z4NX1a 
Further company coverage:  SYAB.DE 

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