bullish

Somfy

Despature Family/Somfy: Lowball Simplified Takeout, Timetable

396 Views21 Nov 2022 00:27
Majority shareholders Despatures (73.9%) plan to use the abundant cash holdings of Somfy to finance a simplified cash offer at €143/share, for an amount of c. €1,285 million and delist the company.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 6-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Top Quartile
Jesus Rodriguez Aguilar
European Event-Driven Analyst
Multi-AssetEvent-Driven
Price Chart(Sign Up to Access)
analytics-chart
x