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5 months ago
BRIEF-Aevis Victoria: statement on the report of board of directors of Lifewatch
March 13, 2017 / 6:17 AM / 5 months ago

BRIEF-Aevis Victoria: statement on the report of board of directors of Lifewatch

March 13 (Reuters) - Aevis Victoria SA:

* Position statement on the report of the board of directors of Lifewatch Ltd.

* Regrets that committee created for this occasion recommended to reject its friendly offer

* Evaluation of Ernst & Young values exchange offer for Lifewatch shareholders between 12.40 Swiss francs and 13.60 francs ($12.31 - $13.50) per Lifewatch share

* Is convinced that Lifewatch would benefit from support of a reference shareholder with a strong presence in healthcare sector

* Upon successful completion of offer, Lifewatch would become an independently managed subsidiary of Aevis Source text for Eikon: Further company coverage: ($1 = 1.0077 Swiss francs) (Gdynia Newsroom)

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