Monday, July 18, 2016

RCS, Bonomi does not withdraw the action. And Cairo did not buy more – Milano Finanza

rcs

Imh, the consortium of Bonomi & amp; C. which aimed to control RCS , return the shares of the publishing group that joined takeover bid of 1 euro per share. International Media Holding announced that in light of the interim results of the offer “the condition is not fulfilled the minimum quantity and Imh communicates not to exercise the right to waive the same and that therefore the Imh offer is considered to be ineffective” .

The RCS shares tendered to the offer of International Media Holding will therefore be returned in the availability of their respective owners.

the shareholders of RCS who accepted the offer Imh They may accede to that of Cairo in the five trading days following the publication of the final results of the offer Cairo Communication, which took place today.

Meanwhile, Cairo Communication has announced to give up the minimum level condition acceptances for the offer of RCS ” having been brought tendered a number of shares RCS that would enable to achieve an appropriate participation to exercise de facto control of RCS and, in any case, greater than 35% plus one share RCS . “

on the basis of provisional results, the shares tendered to the offer of RCS were over 254,780,000 equal to 48.82236% of the RCS .


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