Sponsored
Article Tools

Amendment of a previously released ad-hoc announcement / C-QUADRAT

Published: March 11, 2016; 02:08 · (Vindobona)

Cubic (London) Limited ("Cubic") which is owned in equal parts by San Gabriel Privatstiftung and T.R. Privatstiftung announced (i) that it had entered into a conditional share purchase agreement regarding a total of 1,095,162 non-par value bearer shares of C-QUADRAT Investment AG ("C-QUADRAT" or "Target Company"), corresponding to 25.1% of the Target Company's issued share capital and (ii) its intention to launch an anticipated mandatory takeover offer pursuant to Sec 22 et seq ÜbG ("MTO") with an offer price expected to be EUR 42.86 per share. The share purchase agreement is subject to the regulatory approvals by competent authorities.

Amendment of a previously released ad-hoc announcement / C-QUADRAT / Picture: © Vindobona

 

--------------------------------------------------------------------------
update to an ad-hoc disclosure transmitted by euro adhoc with the aim of a
Europe-wide distribution. The issuer is solely responsible for the content of
this announcement.
--------------------------------------------------------------------------

Mergers - Acquisitions -…

This article includes a total of 1658 words.

or Log In