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BRIEF-Montupet's directors support Linamar's draft tender offer

Published 2015-10-15, 08:05 a/m
© Reuters.  BRIEF-Montupet's directors support Linamar's draft tender offer
MNTP
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LNR
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Oct 15 (Reuters) - Montupet SA MNTP.PA :
* Montupet's board of directors supports Linamar's LNR.TO
draft tender offer
* Linamar intends to file for 100 percent of outstanding
shares and voting rights of company
* Offer price proposed by Linamar amounts to 71.53 euros
($81.78) per share (in cash), representing a 15.5 percent
premium compared to closing price of Montupet shares as of Oct.
14

Source text for Eikon: ID:nACT41731
Further company coverage: MNTP.PA

($1 = 0.8747 euros)

(Gdynia Newsroom)

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