Reuters logo
BRIEF-Fortune Fountain Capital signs agreement to buy Bacarat
June 2, 2017 / 5:20 AM / 4 months ago

BRIEF-Fortune Fountain Capital signs agreement to buy Bacarat

June 2 (Reuters) - BACCARAT SA:

* FORTUNE FOUNTAIN CAPITAL SIGNED IRREVOCABLE PROMISE TO PURCHASE WITH AFFILIATES OF STARWOOD CAPITAL GROUP AND L CATTERTON TO ACQUIRE THEIR INTERESTS OF APPROXIMATELY 88.8% IN BACCARAT

* IRREVOCABLE PROMISE TO PURCHASE AT EUR 222.7 PER SHARE

* EXECUTION OF SHARE DISPOSAL WILL BE FOLLOWED BY FILING OF MANDATORY PUBLIC TENDER OFFER TO AMF, AT SAME PRICE PER SHARE Source text: bit.ly/2skOKBx Further company coverage: (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below