BRIEF-Salcef Group SpA Says Acquisition Will Value Co (Inclusive Of Dividend) With An Equity Value Of Approx EUR 1,62 Bln-May 2024-www.financetom.com

BRIEF-Salcef Group SpA Says Acquisition Will Value Co (Inclusive Of Dividend) With An Equity Value Of Approx EUR 1,62 Bln

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BRIEF-Salcef Group SpA Says Acquisition Will Value Co (Inclusive Of Dividend) With An Equity Value Of Approx EUR 1,62 Bln

Apr 23, 2024 10:27 PM

April 24 (Reuters) - Salcef Group SpA:

* ACQUISITION WILL VALUE SALCEF GROUP S.P.A. (INCLUSIVE OF

DIVIDEND) WITH AN EQUITY VALUE OF APPROXIMATELY EUR 1,62 BILLION

* SALCEF GROUP- SHAREHOLDERS OF FINHOLD S.R.L. AND FUNDS

ADVISED

BY MORGAN STANLEY INFRASTRUCTURE SIGNED AGREEMENT FOR AN

INVESTMENT IN SALCEF GROUP

* UPON CLOSING OF DEAL, MANDATORY TENDER OFFER AIMED AT

DELISTING

SALCEF GROUP S.P.A. SHARES FROM EURONEXT STAR MILAN WILL BE

LAUNCHED

* PARTIES EXPECT TRANSACTION TO CLOSE BY JULY 2024

* PURCHASE PRICE OF MTO WILL BE EURO 26.55 PER SHARE

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