BN 06/13 17:30 *OLE INVESTMENTS TO BID FOR ALL OF DEOLEO AT EU0.38 P/SHR
CVC’s OLE Investments to Bid for All of Deoleo at EU0.38 P/Shr
2014-06-13 17:47:07.511 GMT
By Charles Penty
June 13 (Bloomberg) -- CVC’s OLE Investments presents bid
for rest of Deoleo after acquiring 29.99% of co. from Bankia,
BMN, Dcoop, OLE says.
* Under terms of offer, OLE to keep “center of decisions” in
Spain and maintain brands portfolio for at least 5 yrs.
* Within 3 months of closure of offer, Deoleo to decide on
capital increase of up to EU151.3m; OLE commits to
subscribing up to EU100m
* OLE comments in regulatory filing today
* NOTE: CVC reached binding agreement to acquire 29.99% of co.
in April; for link to story, click on: {NSN
N4LMUV6KLVRB<Go>}; for related story, click on: {NSN
N0KKV66JTSE8<Go>}
Link to Company News:{OLE SM <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Charles Penty at +34-91-700-9654 or
cpenty@bloomberg.net
2014-06-13 17:47:07.511 GMT
By Charles Penty
June 13 (Bloomberg) -- CVC’s OLE Investments presents bid
for rest of Deoleo after acquiring 29.99% of co. from Bankia,
BMN, Dcoop, OLE says.
* Under terms of offer, OLE to keep “center of decisions” in
Spain and maintain brands portfolio for at least 5 yrs.
* Within 3 months of closure of offer, Deoleo to decide on
capital increase of up to EU151.3m; OLE commits to
subscribing up to EU100m
* OLE comments in regulatory filing today
* NOTE: CVC reached binding agreement to acquire 29.99% of co.
in April; for link to story, click on: {NSN
N4LMUV6KLVRB<Go>}; for related story, click on: {NSN
N0KKV66JTSE8<Go>}
Link to Company News:{OLE SM <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Charles Penty at +34-91-700-9654 or
cpenty@bloomberg.net