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BN 02/05 06:30 *POLTRONA FRAU: HAWORTH TO BUY 58.6% OF SHARE CAPITAL AT EU2.96 BN 02/05 06:29 *POLTRONA FRAU CONTRACT TO BUY 58.6% OF SHR CAPITAL BY HAWORTH
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Haworth to Buy 58.6% of Poltona Frau at EU2.96-Shr 2014-02-05 07:36:56.912 GMT
By James Ludden Feb. 5 (Bloomberg) -- Public tender offer to follow at same price. * Charme Investments (51.3%), Moschini (7.3%) agree to sell stakes * 31% premium to 100-DMA, 19% premium to close yday * Completion expected by end April * Deal values Poltona Frau at EU415m based on shrs outstanding of 140.3m: Bloomberg data
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To contact the editor responsible for this story: James Ludden at +44-20-7673-2645 or jludden@bloomberg.net