Altarea Cogedim's friendly takeover bid for RueduCommerce is
a clear success and increases Altarea Cogedim's stake to
95.11%
Altarea Cogedim has announced the success of the friendly
takeover bid submitted by its subsidiary Altacom for
RueduCommerce. The Autorité des Marchés Financers (AMF) today
published its result notice. As a result of the offer,
Altarea Cogedim holds 10,555,487 RueduCommerce shares via its
subsidiary Altacom, representing 95.11% of share capital and
93.99% of voting rights. In a few days, the offer will be
reopened for a period of 10 working days in order to allow
shareholders who have not yet done so to tender their shares
to the offer. Commenting on these results, Alain Taravella,
Chairman and Founder of Altarea Cogedim, states: "The success
of this takeover bid will enable RueduCommerce to begin a new
stage of its development and reach a new dimension. The
shopping mall's solid results published to date attest to the
relevance of the strategic turnaround initiated in 2007 by
this key player in e-commerce, with the launch of France's
first online shopping mall. The teams at RueduCommerce will
now work with the teams at Altarea Cogedim on building the
first multi-channel property company."
The offer document ("note d'information")
See the full press release
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