December 21, 2017 / 9:57 PM / 6 months ago

BRIEF-‍C-Quadrat Investment says Austrian FMA Clears Majority Takeover​

Dec 21 (Reuters) - C-Quadrat Investment Ag:

* ‍C-QUADRAT INVESTMENT AG / AUSTRIAN FMA CLEARS MAJORITY TAKEOVER​

* CONCLUSION OF SHARE PURCHASE AGREEMENTS FOR ACQUISITION OF CO'S SHARES BETWEEN CO'S CORE SHAREHOLDERS AND HNA GROUP ASSET MANAGEMENT

* ‍INFORMED BY HNA THAT AUSTRIAN FMA HAD NO OBJECTIONS TO CHANGE IN SHAREHOLDINGS AND THUS AGAINST MAJORITY TAKEOVER OF C-QUADRAT BY HNA​

* ‍FOLLOWING NECESSARY REGULATORY RELEASES HNA WILL HOLD APPROXIMATELY 74.8% IN CUBIC AND CUBIC WILL HOLD MORE THAN 98% IN C-QUADRAT​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below