AI assistant
Mediobanca — M&A Activity 2016
May 9, 2016
4069_rns_2016-05-09_54a25964-83f3-4ce1-8fcf-04a73faac18b.pdf
M&A Activity
Open in viewerOpens in your device viewer
| Informazione Regolamentata n. 0187-48-2016 |
Data/Ora Ricezione 09 Maggio 2016 10:00:19 |
MTA | |
|---|---|---|---|
| Societa' | : | MEDIOBANCA | |
| Identificativo Informazione Regolamentata |
: | 73871 | |
| Nome utilizzatore | : | MEDIOBANCAN05 - Pigozzi | |
| Tipologia | : | IROP 09 | |
| Data/Ora Ricezione | : | 09 Maggio 2016 10:00:19 | |
| Data/Ora Inizio Diffusione presunta |
: | 09 Maggio 2016 10:15:20 | |
| Oggetto | : | Press release | |
| Testo del comunicato |
Vedi allegato.
Press Release
With reference to the public exchange offer made by Cairo Communication for shares in RCS (the "Offer"), Mediobanca, at Consob's request, would like to make clear that the Offer will be evaluated on the basis of its financial and industrial content after the Offer information document has been published and after the issuer has released its issuer's opinion. In this respect the issuer has stated preliminarily that it views the consideration provided for in the Offer as reflecting a significant discount to the average RCS share price in recent months relative to the Cairo Communication share price and to analysts' average valuation.
The Bank reserves the right to consider every option with a view to maximizing the value of its investment, including retaining it or considering any other alternative bids of which it may be the recipient.
Milan, 9th May 2016