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BRIEF-Alba: LEM surpasses 95 pct stake threshold in Alba
March 27, 2017 / 6:44 AM / 9 months ago

BRIEF-Alba: LEM surpasses 95 pct stake threshold in Alba

March 27 (Reuters) - Alba SpA:

* Said on Friday that, as of March 24, 393,766 shares, corresponding to a 3.99 pct stake, were tendered in LEM’s tender offer on Alba to fulfil its obligation of purchase

* LEM owns a total 95.4 pct stake in Alba

* The tender offer to fulfil the obligation of purchase ends on March 28

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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