Wavin N.V. : Unsolicited Conditional Offer Price
(Thomson Reuters ONE) -
Zwolle, 23 November 2011 - Further to its press release of 22 November regarding
the unsolicited indicative non-binding proposal received from Mexichem for the
acquisition of all its outstanding shares, Wavin announces the following.
The offer price stated in Mexichem's non-binding proposal is EUR 8.50 per
ordinary share, subject to a number of pre-offer and offer conditions. As
indicated in the press release issued on 22 November, Wavin will carefully
consider the indicative non-binding offer and explore the rationale, merits and
risks for all Wavin's stakeholders of a possible business combination of Wavin
with Mexichem.
Further announcements will be made if and when appropriate.
This is an announcement in accordance with Section 5:25i, paragraph 2 of the
Dutch Financial Supervision Act (Wet op het financieel toezicht).
About Wavin
Wavin is the leading supplier of plastic pipe systems and solutions in Europe.
The company provides essentials: plastic pipe systems and solutions for tap
water, surface heating and cooling, soil and waste, rain- and storm water,
distribution of drinking water and gas and telecom applications. Wavin is
headquartered in Zwolle (The Netherlands) and has a presence in 26 European
countries, with manufacturing sites in 18 of those and one in China. The company
employs approximately 6,400 people and reported revenue of more than EUR 1.2
billion for 2010. Outside Europe, it has a global network of agents, licensees
and distributors. Wavin is listed on the NYSE Amsterdam stock exchange (WAVIN).
More details about Wavin can be found at www.wavin.com
For further information:
Media Relations: Investor Relations :
Herbert van Zijl Ton Bruijne
Telephone: +31 38 429 4209 Telephone: +31 38 429 4357
Mobile: +31 6 51461442 Mobile : +31 6 51234949
E-mail: media(at)wavin.com E-mail: InvestorRelations(at)wavin.com
Please click here to read the press release in PDF format:
http://hugin.info/143050/R/1565994/486147.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wavin N.V. via Thomson Reuters ONE
[HUG#1565994]
Unternehmensinformation / Kurzprofil:
Datum: 23.11.2011 - 08:13 Uhr
Sprache: Deutsch
News-ID 90525
Anzahl Zeichen: 2880
contact information:
Town:
AD ZWOLLE
Kategorie:
Business News
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"Wavin N.V. : Unsolicited Conditional Offer Price"
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Wavin N.V. (Nachricht senden)
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