Sunday, 20 May 2007

UPDATE 1-Unibail makes formal offer for Rodamco Europe

(Reuters) - Unibail will offer 0.5223 of its common shares for each
Rodamco common share, adjusted from the originally announced
offer of 0.53 shares per Rodamco share on April 10 to reflect
Unibail and Rodamco's dividends, the companies said in a
statement.




Based on Unibail's latest closing price of 198.20 euros on
Friday, that would value Rodamco at 9.28 billion euros .


Read more at Reuters.com Mergers News

No comments: