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Financial watchdog allows Musu Investiciju Fonds to announce mandatory takeover bid of Brivais Vilnis shares
BC, Riga, 11.12.2018.
Print version
Print versionThe Financial and Capital Market Commission (FKTK) on December 7 decided to allow Brivais Vilnis fish cannery shareholder Musu Investiciju Fonds to announce the mandatory takeover bid of Brivais Vilnis shares, the company said in its statement to the Nasdaq Riga stock exchange.
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The planned share price is EUR 0.87.
Takeover bid will last for 30 calendar days, starting on the day when the offerer will publish official announcement in the official journal Latvijas Vestnesis informing about the takeover bid.
Musu Investiciju Fonds owns 97.37% stake in Brivais Vilnis.
As reported, in October 2018, Baltic Finance & Capital and A Corporation sold all their holdings in Brivais Vilnis to Musu Investicju Fonds.
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