Reuters logo
BRIEF-Asseco Business Solutions announces tender offer for Macrologic shares
April 12, 2017 / 5:44 AM / 5 months ago

BRIEF-Asseco Business Solutions announces tender offer for Macrologic shares

April 12 (Reuters) - Asseco Business Solutions SA:

* Said on Tuesday that it announced a tender offer for 1,888,719 shares of Macrologic SA at a price of 59.0 zlotys ($14.73) per share

* The company plans to reach 100 pct in Macrologic

* The company does not own any shares of Macrologic

* Asseco Business Solutions intends to acquire the shares if investors agree to sell at least 1,416,540 shares representing 75 pct of stake in Macrologic

* Entries in the tender offer will be accepted from May 8 to June 6

* The company treats the acquisition as a strategic investment aimed at creating Asseco Business Solutions group specialized in the production and implementation of its own ERP software

* The company decided to take out a loan for up to 70.0 million zlotys for operating activity and in particular to finance acquisition of Macrologic shares

Source text for Eikon:

Further company coverage: ($1 = 4.0046 zlotys) (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