BRIEF-Controlling shareholders to launch tender offer on Prumo Logistica shares

lunes 17 de octubre de 2016 12:29 GYT
 

Oct 17 (Reuters) - Prumo Logistica SA :

* Said on Friday that its controlling shareholders EIG LLX HOLDINGS SàRL and EIG ENERGY XV HOLDINGS (Flame) LLC announced an intention to launch a tender offer for up to all of the outstanding shares of the company, representing about 23.27 percent of its share capital

* The controlling shareholders are holding more than 75 percent of the company's shares which is no longer complying with the minimum free float requirement applicable to companies listed at the "Novo Mercado" of BM&FBOVESPA

* The maximum offer price is 6.69 reais ($2.1) per share

Source text: bit.ly/2egDXpu

Further company coverage:

($1 = 3.2210 reais) (Gdynia Newsroom)