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BRIEF-Refresco rejects PAI Partners' unsolicited non-binding proposal
April 12, 2017 / 10:10 AM / 5 months ago

BRIEF-Refresco rejects PAI Partners' unsolicited non-binding proposal

April 12 (Reuters) - Refresco Group NV:

* Rejects PAI Partners SAS unsolicited non-binding proposal

* Has taken notice of rumours in market on a proposal by PAI

* Confirms that it received an unsolicited, indicative and conditional proposal from PAI on April 6, 2017 regarding a possible offer to acquire all 81.2 million issued shares in company at an aggregate cash consideration of 1,404 million euros ($1.49 billion)

* Refresco has informed PAI that proposed terms and conditions did not merit any further investigation and have accordingly rejected proposal. Source text for Eikon: Further company coverage: ($1 = 0.9429 euros) (Gdynia Newsroom)

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