COMPAGNIE DU CAMBODGE : INDICATIVE OFFER OF VIVENDI FOR THE STAKE OF GROUPE BOLLORÉ IN HAVAS
May 11 2017 - 11:54AM
BOLLORÉ |
COMPAGNIE DU CAMBODGE |
SOCIÉTÉ INDUSTRIELLE ET FINANCIÈRE DE
L'ARTOIS |
Press
release - May 11, 2017
INDICATIVE OFFER
OF VIVENDI FOR THE STAKE
OF GROUPE BOLLORÉ IN HAVAS
The Boards of Directors of Bolloré
and Société Industrielle et Financière de l'Artois, as well as the
Supervisory Board of Compagnie du Cambodge, met today and reviewed
the indicative offer submitted by Vivendi to acquire the 59.69%
stake held by Groupe Bolloré in Havas at a price of 9.25 euros per
share ex dividend of 0.18 euro which will be paid on 13 June 2017.
This offer values the stake of Groupe Bolloré at 2.36 billion
euro.
Given the financial terms, the
strategic rationale and the development prospects implied by
Vivendi's indicative offer for the 20,000 employees of Havas, the
Boards of Groupe Bolloré have welcomed it and have decided to enter
into discussions with Vivendi.
COMPAGNIE DU CAMBODGE : INDICATIVE
OFFER OF VIVENDI
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: COMPAGNIE DU CAMBODGE via Globenewswire
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