Finnish Competition Authority has referred Alma Media Corporation's
tender offer for Talentum Oyj's
(Thomson Reuters ONE) - Alma Media Corporation Stock Exchange Release 9 September 2009 at11.20 a.m.FINNISH COMPETITION AUTHORITY HAS REFERRED ALMA MEDIA CORPORATION'STENDER OFFER FOR TALENTUM OYJ'S SHARES TO CONTINUED CONSIDERATIONAlma Media Corporation ("Alma Media") announced on 10 August 2009that it will make a mandatory public tender offer for all of theissued and outstanding shares in Talentum Oyj ("Talentum") (the"Tender Offer"). The Tender Offer commenced on 19 August 2009 at 9:30a.m. (Finnish time) and will end on 15 September 2009 at 4:00 p.m.(Finnish time) (the "Offer Period") unless the Tender Offer isextended or discontinued in accordance with its terms and conditions.The consideration offered for each Share in Talentum validly tenderedin accordance with the terms and conditions of the Tender Offer isEUR 1.85 in cash.According to the terms and conditions of the Tender Offer, the TenderOffer is subject to the receipt of all regulatory and other permitsand approvals required for the completion of the Tender Offer,including clearances from competition authorities, on the terms andconditions that are acceptable to Alma Media. Alternatively, AlmaMedia may, to the extent that is possible according to the law, waivethis precondition for the completion.Alma Media has been informed today that the Finnish CompetitionAuthority has referred the Tender Offer to continued consideration.In continued consideration, the Finnish Competition Authority mayapprove the acquisition as such, set terms and conditions for itsapproval or propose that the Market Court rejects the transaction.The continued consideration may last three months at most.Alma Media will announce the possible extension of the Offer Periodat the latest upon the expiry of the preliminary offer period on 15September 2009.Alma Media CorporationRauno HeinonenVice President, Corporate Communications and IRAdditional information:Kai Telanne, President and CEO, tel. +358 10 665 3500DISTRIBUTIONNASDAQ OMX HelsinkiMain mediaAlma Media in briefAlma Media is a profitable and internationally expanding company thatinvests in the future of newspapers and online media. Its best knownproducts are the Aamulehti, Iltalehti, Kauppalehti and Etuovi.com.Net sales in 2008 totalled EUR 341 million and the operating marginwas over 14%. The company's share (ALN1V) is listed on the NASDAQ OMXHelsinki stock exchange. Read more at www.almamedia.fiThis release may not be released or otherwise distributed, in wholeor in part, in or into Australia, Hong Kong, Japan, South Africa,Canada or the United States. This release is not a tender offerdocument and as such does not constitute an offer or invitation tomake a sales offer. Investors shall accept the Tender Offer for theshares only on the basis of the information provided in a tenderoffer document. Offers will not be made directly or indirectly in anyjurisdiction where either an offer or participation therein isprohibited by applicable law or where any tender offer document orregistration or other requirements would apply in addition to thoseundertaken in Finland.The Tender Offer is not being made in any jurisdiction whereprohibited by applicable law and the tender offer document andrelated acceptance forms will not and may not be distributed,forwarded or transmitted into or from any jurisdiction whereprohibited by applicable law. In particular, the Tender Offer is notbeing made, directly or indirectly, in or into, or by use of thepostal service of, or by any means or instrumentality (including,without limitation, facsimile transmission, telex, telephone or theInternet) of interstate or foreign commerce of, or any facilities ofa national securities exchange of, Australia, Hong Kong, Japan, SouthAfrica, Canada or the United States. The Tender Offer cannot beaccepted by any such use, means or instrumentality or from withinAustralia, Hong Kong, Japan, South Africa, Canada or the UnitedStates.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 09.09.2009 - 10:21 Uhr
Sprache: Deutsch
News-ID 5624
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