Keywords: Seb supor acquisitions made in China
The world brand laboratory (brand.) Reports:
Seb SA Friday said, the company successfully completed a Zhejiang supor co., Ltd. (Zhejiang Supor Co.) Of the tender offer, currently holding supor 52.74% stake.
Seb 21 November to supor launched some public tender offer to acquire the latter to 49,122,948 shares. Prior to this, the Group since August 31, already holds a 30% stake in supor. This acquisition offer is valid for 30 calendar days, from Thursday to expire.
Supor is China's leading manufacturer of electrical appliances.
This acquisition offer is institutional and retail investors fully accepted, making Seb acquisitions accounted supor equity 22.74% stake. The transaction is completed, Seb hold supor 52.74% stake. Supor founder family holds 36% stake, the public shareholding is 11%. 2.17 billion euros of purchase payment has been paid on Friday. Advertising investment in Seb supor amounted to € 3.27, 7,200 million euros is 31 August completion of capital increase. The transaction is completed, Seb's financial position remains sound, as of December 31 of the debt to equity ratio of 75%. Seb said: this acquisition average price 30.50 Yuan. Seb for successfully completed this August 2006, the tender offer launched by expressed great satisfaction. This allows the company to acquire majority interest supor, and established itself in the Chinese market leading position. Supor shareholders will be held in January, the Conference will elect the new Board of Directors to reflect the new ownership structure.
No comments:
Post a Comment