Brief: Initial Acceptance Period Of Tessenderlo/Picanol Exchange Offer To Open On Nov. 2

Tessenderlo NV

02/11/2022 07:11

Nov 2 (Reuters) - Picanol NV  PICB.BR :
    * IN EXCHANGE OFFER, SHAREHOLDERS OF PICANOL ARE OFFERED
2.36 NEW
SHARES OF TESSENDERLO GROUP (THE “NEW SHARES”) FOR EACH SHARE OF
PICANOL
    * INITIAL ACCEPTANCE PERIOD OPENS ON NOVEMBER 2, 2022 AT
9:00 AM
CET AND WILL END ON DECEMBER 14, 2022, AT 4:00 PM CET (UNLESS
EXTENDED)
    * THE BOARD OF DIRECTORS OF PICANOL GROUP CONFIRMED ITS
UNANIMOUS
SUPPORT FOR THE TRANSACTION

Source text: https://bit.ly/3WqmBY7
Further company coverage:  PICB.BR 
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