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MILAN – Evergreen, managed by Qatar Holding, stated on Thursday it had launched a voluntary tender and alternate supply on the entire share capital of actual property firm Coima Res at 10 euros ($10.50) per share.
The supply, which goals at clinching acceptances equal to not less than 95% of Coima Res and delisting the Italian firm, comes at a premium of 38.5% over the volume-weighted common value of official costs in the course of the twelve months earlier than Wednesday.
Evergreen stated that, as a substitute for the money proposal, it supplied one unlisted BidCo share for each Coima Res share tendered within the providing for as much as 25% of the entire inventory capital.
($1 = 0.9525 euros)
(Reporting by Federico Maccioni, modifying Gianluca Semeraro)
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