Swisscom Increases Offer For PubliGroupe to CHF214/shr
2014-06-17 05:12:57.439 GMT
By Chris Malpass
June 17 (Bloomberg) -- Swisscom reaches pact with
PubliGroupe and latter’s major holders to increase offer price.
* PubliGroupe management supports Swisscom offer, recommends
acceptance
* Swisscom says 3 investors holding total 25.21% agree to
accept offer, tender shares
* Says previous May 27 agreement with Tamedia not affected
* PubliGroupe board of directors rejects Tamedia’s CHF190
offer as “insufficient”
* Takes note of Swisscom agreements in investors Stiftung
Jean-Robert Gerstenhauer, Consuela Stiftung,
Erbengemeinschaft Alfred Borter
* NOTE: Swisscom on May 16 offered CHF200/Shr for PubliGroupe
* Swisscom statement
* PubliGroup statement
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To contact the reporter on this story:
Chris Malpass in Berlin at +49-30-70010-6234 or
cmalpass@bloomberg.net
To contact the editors responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net
Chris Malpass
2014-06-17 05:12:57.439 GMT
By Chris Malpass
June 17 (Bloomberg) -- Swisscom reaches pact with
PubliGroupe and latter’s major holders to increase offer price.
* PubliGroupe management supports Swisscom offer, recommends
acceptance
* Swisscom says 3 investors holding total 25.21% agree to
accept offer, tender shares
* Says previous May 27 agreement with Tamedia not affected
* PubliGroupe board of directors rejects Tamedia’s CHF190
offer as “insufficient”
* Takes note of Swisscom agreements in investors Stiftung
Jean-Robert Gerstenhauer, Consuela Stiftung,
Erbengemeinschaft Alfred Borter
* NOTE: Swisscom on May 16 offered CHF200/Shr for PubliGroupe
* Swisscom statement
* PubliGroup statement
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Chris Malpass in Berlin at +49-30-70010-6234 or
cmalpass@bloomberg.net
To contact the editors responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net
Chris Malpass