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Draka Holding N.V.

Draka Holding N.V.

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Publicatie datum 22 nov 2010 - 13:30
Statutaire naam Draka Holding N.V.
Titel Draka has received Xinmao's announcement of its intention to launch an all cash offer for Draka
Bericht The Board of Management and the Supervisory Board of Draka Holding N.V. ("Draka") confirm that they have received a copy of the press release of this afternoon in which Tianjin Xinmao S&T Investment Corp. Ltd. ("Xinmao") announces its intention to make a public offer to acquire all outstanding shares in the capital of Draka for a proposed offer price of EUR 20.50 in cash per ordinary Draka share. Xinmao has approached Draka and expressed that it would like to enter into further discussions with Draka regarding such proposed offer.