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اردو
Qatar Holding launches tender bid on Italys Coima Res at 10 euros/shr
Abstract:MILAN (Reuters) – Evergreen, controlled by Qatar Holding, said on Thursday it had launched a voluntary tender and exchange offer on the whole share capital of real estate company Coima Res at 10 euros ($10.50) per share.
div classBodysc17zpet90 cdBBJodivpMILAN Reuters – Evergreen, controlled by Qatar Holding, said on Thursday it had launched a voluntary tender and exchange offer on the whole share capital of real estate company Coima Res at 10 euros 10.50 per share.p
pThe offer, which aims at clinching acceptances equal to at least 95 of Coima Res and delisting the Italian company, comes at a premium of 38.5 over the volumeweighted average price of official prices during the twelve months before Wednesday.pdivdivdiv classBodysc17zpet90 cdBBJodiv
pEvergreen said that, as an alternative to the cash proposal, it offered one unlisted BidCo share for every Coima Res share tendered in the offering for up to 25 of the whole stock capital.p
p1 0.9525 eurosp
p
pp Reporting by Federico Maccioni, editing Gianluca Semerarop
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