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United Kingdom

Prelios SpA (PCRE.MI)

PCRE.MI on Milan Stock Exchange

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22 Feb 2018
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Tue, Jan 30 2018

BRIEF-Prelios Board Deems Price In Takeover Bid Launched By Lavaredo Adequate

* BOARD SAYS PRICE OF EUR 0.116 PER PRELIOS SHARES IN COMPULSORY TAKEOVER BID LAUNCHED BY LAVAREDO IS ADEQUATE

BRIEF-Lavaredo To Own 55.6 Pct Of Prelios After Buying 10.8 Pct Stake

* SAID ON WEDNESDAY LAVAREDO SIGNED AN AGREEMENT WITH SOME SHAREHOLDERS TO BUY A 10.8 PCT STAKE IN PRELIOS FOR EUR 0.116 PER SHARE

BRIEF-Prelios 9-mth net loss shrinks to EUR 23.4 ‍​mln

* 9-MONTH REVENUE EUR ‍​53.2 MILLION VERSUS EUR 51.3 MILLION YEAR AGO

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