Areva: public repurchase offer filed with AMF.
(CercleFinance.com) - Oddo BHF SCA, acting on behalf of the French State, has filed with the AMF a project for a public repurchase offer (OPR) on Areva shares, as part of the nuclear group's restructuring plan.
The originator irrevocably agrees to acquire all of the 64,368,133 existing shares at a price of 4.50 euros which are not held directly or indirectly by it, which represents 7.78% of the group's capital. Negotiation fees will be paid by the sellers.
In view of the contribution commitments, it plans to ask the AMF, within three months from the closing of the offer, for the implementation of a mandatory squeeze-out procedure at the same price as the offer, net of all fees.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The originator irrevocably agrees to acquire all of the 64,368,133 existing shares at a price of 4.50 euros which are not held directly or indirectly by it, which represents 7.78% of the group's capital. Negotiation fees will be paid by the sellers.
In view of the contribution commitments, it plans to ask the AMF, within three months from the closing of the offer, for the implementation of a mandatory squeeze-out procedure at the same price as the offer, net of all fees.
Copyright (c) 2017 CercleFinance.com. All rights reserved.