Brief: Uponor Rejects Intention To Make All Cash Public Tender Offer For Uponor Announced By Aliaxis

Uponor Oyj

26/04/2023 06:33

April 26 (Reuters) - Uponor Oyj  UPONOR.HE :
    * REG-INSIDE INFORMATION: UPONOR CORPORATION REJECTS THE
NON-BINDING INTENTION TO MAKE AN ALL CASH PUBLIC TENDER OFFER
FOR UPONOR ANNOUNCED BY ALIAXIS S.A.
    * HAS NOW COMPLETED ITS ANALYSIS OF NON-BINDING INTENTION
    * OFFER PRICE OF EUR 25.00 IN CASH PER SHARE DOES NOT
REFLECT
COMPANY'S VALUE AND LONG-TERM PROSPECTS
    * DECIDED TO REJECT NON-BINDING INTENTION AND NOT TO ENGAGE
WITH
OFFEROR.
    * CHAIR ANNIKA PAASIKIVI HAS RECUSED HERSELF FROM
PARTICIPATING IN
BOARD ASSESSMENT AND DECISION-MAKING IN MATTER.

Source text for Eikon:  ID:nGNE83xYLR 
Further company coverage:  UPONOR.HE 

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