Brief: Unieuro Does Not Reach Majority Of Votes On Evaluation Of Fairness Of Bid Price

Unieuro SpA

29/08/2024 06:06

Aug 29 (Reuters) - Unieuro SpA  UNIR.MI :
    * BOARD UNANIMOUSLY APPROVES ISSUER'S STATEMENT IN RELATION
TO
TAKEOVER BID BY FNAC DARTY, RUBY EQUITY INVESTMENT
    * BOARD DOES NOT REACH MAJORITY OF VOTES ON EVALUATION OF
FAIRNESS
OF BID PRICE
    * BOARD  UNANIMOUSLY RAISES CRITICAL ISSUES WITH REFERENCE
TO
INFORMATION PROVIDED BY OFFERORS REGARDING REASONS FOR OFFER,
FUTURE PLANS, ANY EXTRAORDINARY TRANSACTIONS FOLLOWING OFFER
ITSELF, COMPARED WITH STRATEGIC OBJECTIVES INITIATED, PURSUED BY
UNIEURO GROUP, COMMUNICATED TO MARKET

Further company coverage:  UNIR.MI 

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