The offer price
means about EUR1.5 billion for VW, almost EUR400 million less than had been hoped, when the price range was put at between EUR27 and EUR33.
Research centres predicted that Veon would get lucky with its third attempt to complete its acquisition of GTH following the reduction in the offer price
, which is considered fair by financial analysts given the developments of the tax settlement for EGP 2.3bn.
Maruho Deutschland GmbH, a subsidiary of the Japanese pharmaceutical company Maruho Co., announced that it has decided to increase the offer price
for the current voluntary public partial acquisition offer for Biofrontera AG.
Buenaventura expressed hope early in January that the majority of PDS's stakeholders would accept its offer to sell the shares at LandBank's offer price
, as its offer will expire by the end of January 2019 and will not
During the second part of the bidding, Vietnam decided to lower its offer price
but only up to US$481.50 per MT, while Thailand set its new offer price
at US$481.50 per MT.
City of Dreams Manila operator Melco Resorts and Entertainment is changing course with its plans to exit the roster of publicly listed companies, after minority shareholders complained about the value of the casino operator's offer price
for their shares.
This increased offer price
amounts to DKK190 cash per Nordjyske Bank share at DKK10 and values the entire issued share capital of Nordjyske Bank at DKK3,489m.
The offered redemption price for each minority share is NOK35, which is equal to the offer price
in the voluntary offer.
BANKING AND CREDIT NEWS-January 5, 2017-Icahn Enterprises increases tender offer price
for Federal-Mogul outstanding shares
Based on the Offer Price
, Emaar Misr's market capitalisation at listing will be approximately EGP 17.6 billion ($ 2.3 billion).
It said the offer price
would be determined using a volume-weighted average price of Danske Bank shares traded between March 20 and March 26.