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Hyster Yale Materials Handling to acquire indirect control of Bolzoni S.P.A

2016-02-16 11:03 Kind:转载 Author:Hyster Source:Hyster
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Feb 15 (Reuters) - Hyster-Yale Materials Handling Inc (HY.N) :* Announces agreement to acquire the indirect contr...

Feb 15 (Reuters) - Hyster-Yale Materials Handling Inc (HY.N) :

* Announces agreement to acquire the indirect control of the Italian listed company Bolzoni s.p.a

* To buy, through unit, 100 percent of penta holding's outstanding shares for aggregate purchase price of EUR 53,495,837

* Materials - Hyster Yale-through unit, to launch mandatory tender offer for all outstanding shares of Bolzoni at EUR 4.30 per share

* Parties determined purchase price for the penta shares by agreeing to valuation of Bolzoni stake of EUR 4.30 per share

* Deal expected to be funded using Hyster-yale's cash on hand and borrowings under Hyster-yale's existing credit facility

* To acquire indirect control Bolzoni s.p.a.

* Source text for Eikon

* Further company coverage (HY.N)

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