(Telestock) – Fnac Darty SA and RUBY Equity Investment they took note of the press release from Unieuro released today, including the fairness opinion issued by financial advisors Equita SIM and Mediobanca.
In this regard, the bidders recall that the equivalent of the offer equal to 9 euros plus 0.1 Fnac Darty shares per Unieuro share incorporates a 42% premium compared to Unieuro’s VWAP of 15 July 2024 and allows to participate in the potential of the combined group in terms of value creation.
“The Offer represents a unique strategic opportunity – the note underlines – for the creating a European leader in specialized retail, for the benefit of all Unieuro stakeholders”.
The Offer subscription periodagreed with Borsa Italiana, corresponding to 40 trading days, will start at 8:30 (Italian time) on September 2, 2024 and will end at 5.30pm (Italian time) on October 25, 2024including the extremes, except for any extensions of the membership period in accordance with current legislation.
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