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BRIEF-Crane NXT To Launch Takeover Bid For Antares Vision For EUR 178.9 Mln, Aimed At Delisting
Crane NXT, Co. Common Stock -5.09% Pre
Dow Jones Industrial Average -0.51%
S&P 500 index -1.07%
NASDAQ -1.69%
Crane NXT, Co. Common Stock CXT | 51.79 51.79 | -5.09% 0.00% Pre |
Dow Jones Industrial Average DJI | 48458.05 | -0.51% |
S&P 500 index SPX | 6827.41 | -1.07% |
NASDAQ IXIC | 23195.17 | -1.69% |
Sept 12 (Reuters) - Antares Vision SpA ANV.MI on behalf of Crane NXT CXT.N:
TO BUY ANTARES VISION THROUGH NEW BIDCO
ENTERS SALE AND PURCHASE AGREEMENT TO ACQUIRE 49.6% OF SHARE CAPITAL OF ANTARES VISION ON A FULLY DILUTED BASIS
ENTERS SALE AND PURCHASE AGREEMENT WITH SARGAS TO ACQUIRE 9.1% OF SHARE CAPITAL OF ANTARES VISION ON A FULLY DILUTED BASIS
FOLLOWING CLOSING A MANDATORY TENDER OFFER WILL BE LAUNCHED BY BIDCO ON ALL ANTARES VISION SHARES, AIMED AT DELISTING
PRICE FOR EACH SHARE OF 5 EUR PER SHARE, TOTAL CONSIDERATION OF AROUND EUR 178.9 MILLION
Further company coverage: ANV.MI
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
