EDF: towards buyout of Futuren
(CercleFinance.com) - EDF Renouvelables announces its intention to file with the AMF a draft public tender offer (OPR), at the unit price of 1.
15 euro, on Futuren's shares, a company in which it owns 90.50% of the capital and 90.36% of the voting rights.
In view of its current holding, a mandatory squeeze-out at the same price will be implemented after the public offer. This project will be submitted to an independent expert, in accordance with the applicable regulations.
Futuren's board of directors will give a reasoned opinion on the proposed offer, after consideration of the report written by an independent expert. The proposed buy-out will be submitted to the AMF for review and should be filed in November.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
15 euro, on Futuren's shares, a company in which it owns 90.50% of the capital and 90.36% of the voting rights.
In view of its current holding, a mandatory squeeze-out at the same price will be implemented after the public offer. This project will be submitted to an independent expert, in accordance with the applicable regulations.
Futuren's board of directors will give a reasoned opinion on the proposed offer, after consideration of the report written by an independent expert. The proposed buy-out will be submitted to the AMF for review and should be filed in November.
Copyright (c) 2019 CercleFinance.com. All rights reserved.