January 21, 2019 / 6:41 AM / 4 months ago

BRIEF-AccorHotels To Buy 33% Of Orbis In Tender Offer At 95 Zloty/Shr

Jan 21 (Reuters) - ACCORHOTELS:

* SAID ON SUNDAY THAT FOLLOWING ITS TENDER OFFER FOR ORBIS’ SHARES, IT WILL ACQUIRE 15.3 MLN SHARES AT 95 ZLOTY/EACH

* THE SHARES REPRESENT 33.1% OF TOTAL SHARES IN ORBIS’ SHARE CAPITAL

* AFTER THE TENDER, IT WILL OWN DIRECTLY AND INDIRECTLY 85.8% OF THE COMPANY’S TOTAL SHARE CAPITAL

* ON JAN. 10 IT ANNOUNCED A FINAL INCREASE OF THE OFFERED PRICE TO 95 ZLOTYS FROM 87 ZLOTYS PER SHARE

Further company coverage:, Source text: [bit.ly/2RGY8A0] (Gdynia Newsroom)

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