Salvesen shareholders say “oui” to Norbert Dentressangle
| Related Stories • Christian Salvesen on verge of $519 million takeover by French rival |
The percentage of votes at a court meeting for Dentressangle’s 92 pence ($1.92) per share offer, valuing Salvesen at '254.4 million ($532.1 million), was 99.84 percent.
Dentressangle’s offer represents a premium of 78.6 percent to Salvesen’s closing share price of 51.5 pence on Sept. 24, the last business day prior to the announcement by the U.K. company of approaches from two unnamed parties.
Subject to regulatory approvals, the last day of trading Salvesen shares is expected to be Dec. 13.
