Brief: Tessenderlo Group/Picanol: Kumulus Partners Says Proposed Exchange Ratio Can Be Considered As Fair

Tessenderlo NV

14/10/2022 07:06

Oct 14 (Reuters) - Tessenderlo  TESB.BR :
    * PICANOL TRANSACTION: KUMULUS PARTNERS HAS FINALIZED ITS
WORK AND
ISSUED A FAIRNESS OPINION TO THE COMMITTEE
    * KUMULUS PARTNERS CONCLUDES THAT PROPOSED EXCHANGE RATIO IN
PICANOL EXCHANGE OFFER, FROM FINANCIAL POINT OF VIEW, CAN BE
CONSIDERED AS FAIR TO SHAREHOLDERS OF TESSENDERLO GROUP

Further company coverage:  TESB.BR 
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