Brief: Vilmorin & Cie: Limagrain Targets 28.78% Of Company's Shares It Does Not Hold At EUR 62.60 Per Share

Vilmorin & Cie SA

28/04/2023 07:30

April 28 (Reuters) - Vilmorin & Cie SA  VILM.PA :
    * PRESS RELEASE FROM VILMORIN & CIE FOLLOWING ANNOUNCEMENT
BY
LIMAGRAIN OF ITS INTENTION TO FILE A SIMPLIFIED PUBLIC TENDER
OFFER
    * OFFER AT EUR 62.60 PER SHARE, REPRESENTING A PREMIUM OF
45.4%
COMPARED TO LAST CLOSING SHARE PRICE BEFORE ANNOUNCEMENT OF
OFFER
    * DELISTING INITIATIVE WILL ENABLE VILMORIN & CIE TO ADOPT A
LONG-TERM APPROACH IN LINE WITH ITS ACTIVITIES AS A SEED COMPANY
    * FAVORABLE AND UNANIMOUS RECEPTION OF BASIS OF OFFER BY
VILMORIN
& CIE'S BOARD OF DIRECTORS
    * AT REQUEST OF COMPANY, TRADING OF VILMORIN & CIE SHARES
HAS BEEN
SUSPENDED TODAY AND WILL RESUME ON MAY 2, 2023

Source text for Eikon:  ID:nGNE5xX2vM 
Further company coverage:  VILM.PA 

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