on M2I (EPA:ALMII)
Filing of the Draft Public Purchase Offer for M2i by Abilways
Abilways, a member of the Skolae network, has initiated a public tender offer for M2i shares, presented by Portzamparc. The proposed price is €8.50 per share, for a trading period of 11 days. This offer is subject to approval by the French Financial Markets Authority (AMF).
If, following the offer, less than 10% of M2i shares are held by minority shareholders, Abilways plans a squeeze-out procedure. This would allow the remaining shares to be repurchased at the initial offer price. Details of the offer will be available on the AMF and Skolae websites, and upon request from Abilways and Portzamparc.
The project and related documents will be reviewed by the AMF. A press release will specify the availability of descriptive documents before the offer opens.
R. H.
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