The Management Board and a majority of the Smit Supervisory Board have recommended acceptance of the offer to shareholders and a positive reaction has been obtained from the Smit and Boskalis works councils
Together with the Shares currently held by Boskalis, approximately 43% of the shares are already committed to the offer and the offer period commenced February 25, 2010 at 09.00 hours and ends March 26, 2010 at 18.00 hours Amsterdam time, unless extended
The offer will be declared unconditional subject to the fulfilment of the offer conditions including, but not limited to, an acceptance condition of more than 75%
You need a free subscription to read the entire article.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.