BRIEF-Unipar updates on acquisition of stake in Solvay Indupa

lunes 16 de mayo de 2016 10:11 GYT

May 16 (Reuters) - Unipar Carbocloro SA :

* Said on Friday that pursuant the agreement to acquire 70.59 percent stake of Solvay Argentina SA in Solvay Indupa SAIC, the company published in Argentinian media a statement on the takeover bid for the rest of the shares of Solvay Indupa

* Says takeover bid is subject to usual conditions, including completion of the acquisition and approval of the takeover bid by the National Securities and Exchange Commission

* Says offered price per share is 2.42 Argentine pesos ($0.17)

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($1 = 14.1300 Argentine pesos) (Gdynia Newsroom)