February 12, 2015 / 6:12 AM / 3 years ago

BRIEF-Sanitec Corp applies for delisting following Geberit AG public offer

Feb 12 (Reuters) - Sanitec Corp :

* Said on Wednesday it decided to apply for delisting of the Sanitec shares from Nasdaq Stockholm

* The last day of trading in the shares will be notified when Sanitec has been informed thereof by Nasdaq Stockholm

* On Feb. 3 Geberit AG (Geberit) announced that the public offer to the shareholders of Sanitec has been accepted to such extent that Geberit holds 99.27 pct of the shares and votes in Sanitec

* Geberit also announced that they intend to request compulsory acquisition of the remaining minority shares in the company

* Based on the above, the board of directors of Sanitec considers that it is no longer justified for the company to remain listed Source text for Eikon:

Further company coverage:

Gdynia Newsroom

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