Belgium's Aliaxis ups bid for Finland's Uponor
22/05/2023 07:51
COPENHAGEN, May 22 (Reuters) - Belgian water management
solutions group Aliaxis BE0941243520.BR said on Monday it had
made an all cash public tender offer for Finnish plumbing and
heating systems maker Uponor UPONOR.HE worth 1.87 billion
euros ($2.06 billion).
Aliaxis announced on April 17 a non-binding intention to
make a cash offer for Uponor worth 1.82 billion euro, which the
Finnish company later rejected.
($1 = 0.9084 euros)
(Reporting by Louise Breusch Rasmussen, editing by Terje
Solsvik)
((Louisebreusch.rasmussen@tr.com; +45 21 27 97 79;))