BRIEF-Industria Textil Piura will not guide shareholders in Axxion bid
July 12 (Reuters) - Industria Textil Piura SA :
* Issued on Monday a statement in regards to takeover bid launched by Axxion Asset Management SAC (Axxion) for between 65 percent and 100 percent of Textil Piura shares
* Says Axxion offered to buy Textil Piura shares at 0.02 soles per share, that is below current trading price of the quote
* Said, after listing advantages and disadvantages of the offer, that it will not give a recommendation to shareholders on weather to accept or reject the bid
Source text: bit.ly/29MsfhA
Further company coverage:
© Thomson Reuters 2016 All rights reserved.