financetom
Business
financetom
/
Business
/
BRIEF-Greenvolt Gets Update On Tender Offer Conditions From GVK Omega
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BRIEF-Greenvolt Gets Update On Tender Offer Conditions From GVK Omega
May 14, 2024 11:02 PM

May 15 (Reuters) - GVK Omega, S.G.P.S., Unipessoal,

Lda.:

* ON MONDAY UPDATED GREENVOLT ON STATUS OF

VERIFICATION

OF CONDITIONS LISTED ON PRELIMINARY OF GENERAL AND VOLUNTARY

TENDER OFFER OVER SHARES CORRESPONDING TO SHARE CAPITAL OF

GREENVOLT

* IT IS NOT EXPECTED CONDITIONS IN SUBPARAGRAPHS (H) AND (I)

OF

PARAGRAPH 4 OF PRELIMINARY ANNOUNCEMENT WILL APPLY TO OFFER

* UNDER PURCHASE AND SALE AGREEMENTS FROM DECEMBER 21, 2023

WITH

SELLING SHAREHOLDERS, OFFEROR HAS NOTIFIED THEM TRANSFER OF

GREENVOLT SHARES UNDER SHARE PURCHASE AGREEMENTS TO TAKE PLACE

ON MAY 31

* SELLING SHAREHOLDERS HAVE CONFIRMED SHARE TRANSFER DATE

* CONSIDERATION TO BE PAID BY OFFEROR TO EACH OF SELLING

SHAREHOLDERS UNDER TERMS OF SHARE PURCHASE AGREEMENTS IS EUR

8.30/SHR, TO BE PAID IN CASH

* IN LIGHT OF THE ABOVE, THERE WILL BE NO PAYMENT BY OFFEROR

TO

SELLING SHAREHOLDERS OF ANY TICKING FEE

* THEREFORE, CONSIDERATION OFFERED IN OFFER WILL BE EUR

8.30/SHR

Source text: https://tinyurl.com/2jfmjhtv ,

Further company coverage:

(Gdansk Newsroom)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Aflac's fourth-quarter profit misses on Japan unit weakness
Aflac's fourth-quarter profit misses on Japan unit weakness
Feb 5, 2025
Feb 5 (Reuters) - Aflac ( AFL ) reported a fourth-quarter profit on Wednesday that missed Wall Street estimates, hurt by weakness in the health and life insurer's Japan unit. The company provides accident and pet insurance plans through its units in the U.S. and Japan. It also offers supplemental insurance for out-of-pocket expenses not typically covered by major medical...
Becton looks to separate life sciences unit after upbeat quarterly results
Becton looks to separate life sciences unit after upbeat quarterly results
Feb 5, 2025
Feb 5 (Reuters) - Becton Dickinson ( BDX ) beat expectations for first-quarter results and said its board has authorized a plan to separate its life sciences unit on Wednesday, as the medical device maker aims to focus on its core business. We believe the separation will position New BD as a differentiated MedTech leader and enable optimized investment, said...
Insurer Allstate's quarterly profit beats on underwriting strength, investment gains
Insurer Allstate's quarterly profit beats on underwriting strength, investment gains
Feb 5, 2025
(Reuters) - Property and casualty insurer Allstate's ( ALL ) fourth-quarter profit beat Wall Street expectations on Wednesday, helped by strong gains in its underwriting business and higher returns on its investments. Insurance spending has shown resilience as businesses and individuals continue to prioritize coverage to mitigate risks ranging from natural disasters to health emergencies. Allstate's ( ALL ) consolidated...
McKesson misses third-quarter revenue estimates
McKesson misses third-quarter revenue estimates
Feb 5, 2025
(Reuters) - Drug distributor McKesson missed estimates for third-quarter revenue on Wednesday, hurt by less-than-expected sales in its U.S. pharmaceutical segment, which includes branded and specialty drugs. Shares of the Texas-headquartered company fell 3% in extended trading. Drug distributors in the United States are expanding their presence in the market for specialty medicines, which treat complex conditions such as rheumatoid...
Copyright 2023-2026 - www.financetom.com All Rights Reserved