MIG HOLDINGS S.A.
MIG reached 91.47% stake in Vivartia
MIG reached 91.47% stake in Vivartia MIG intends to keep the company listed Private placement at a premium expected to take place shortly
Marfin Investment Group (MIG) informs its shareholders and the investment community for the following:
After the completion of its public offer for Vivartia, MIG has acquired shares corresponding to 91,47% of Vivartia's share capital.
MIG intends to keep Vivartia listed in the ATHEX.
Ahead of the implementation of Vivartia's new business plan, MIG intends to proceed with a private placement of Vivartia shares to strategic and institutional investors.
The number of the shares offered has not yet been decided. The price, when the private placement takes place, is expected to exceed the euro 25 per share paid by MIG to acquire the Company.
Marfin Investment Group (MIG) informs its shareholders and the investment community for the following:
After the completion of its public offer for Vivartia, MIG has acquired shares corresponding to 91,47% of Vivartia's share capital.
MIG intends to keep Vivartia listed in the ATHEX.
Ahead of the implementation of Vivartia's new business plan, MIG intends to proceed with a private placement of Vivartia shares to strategic and institutional investors.
The number of the shares offered has not yet been decided. The price, when the private placement takes place, is expected to exceed the euro 25 per share paid by MIG to acquire the Company.