Techem says Macquarie makes takeover offer at 58.00 eur/shr cash |
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Published
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Mon, 22 Oct 2007 06:57
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ESCHBORN, Germany (Thomson Financial) - Techem AG said Macquarie European Infrastructure is making a takeover offer for its shares at 58.00 eur per share cash.The offer is conditional on an acceptance level of 50 pct plus one share of all outstanding shares.The offer of 58.00 eur implies a premium of 24.4 pct over the three-month volume-weighted share price of 46.62, it said.Techem said its management welcomes the offer.marilyn.gerlach@thomson.commog/lhtCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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Australia's Southern Cross Broadcasting shareholders approve Macquarie offer 