January 24, 2019 / 12:45 PM / 3 months ago

Brazil asset manager Tarpon delisting price set at 1.09 reais per share

SAO PAULO, Jan 24 (Reuters) - Brazilian asset manager Tarpon Investimentos SA said that its parent company Mangue Participacoes on Thursday would register an offer take the company private, setting a price per share in its delisting plan, according to a securities filing.

The tender offer to minority shareholders sets the price at 1.09 reais per share, above a fair value assessment by price from 1.02 reais to 1.08 reais per share as determined by PricewaterhouseCoopers, Tarpon said in the filing. (Reporting by Gabriela Mello)

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