in this issue
People & Business :: Companies
Solvay to Launch Squeeze-out of Rhodia Shares Not Yet Tendered
5:08 AM MDT | September 14, 2011 | Kerri Walsh
Solvay says it will implement a squeeze-out procedure for the Rhodia shares and the bonds convertible into and/or exchangeable for newly issued or existing shares (OCEANE) that had not been tendered by August 24. The squeeze-out will be implemented on September 16, according to the French financial markets authority AMF (Paris). About 94.25% of Rhodia’s shares and 97.51% of the OCEANEs have been tendered. The number of Rhodia shares that have not been tendered represents 4.89% of the share capital and voting rights, Solvay says. The number of shares that...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee