Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Antalis    ANTA   FR0013258589

ANTALIS

(ANTA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryAll NewsPress ReleasesOfficial PublicationsSector news

Antalis : Tender price increase - Trading suspension

share with twitter share with LinkedIn share with facebook
09/17/2020 | 02:40am EDT

Press release

Boulogne-Billancourt, 17 September 2020

Increase in the price of the proposed simplified takeover bid for Antalis shares by Kokusai Pulp & Paper Co., Ltd. to 0.90 euros per share

Suspension of trading in Antalis shares

Proposed simplified takeover bid – Unit price improved from €0.73 to €0.90

Antalis has been informed by Kokusai Pulp & Paper Co., Ltd. (Tokyo, Japan, hereinafter “KPP”) that the price offered for the acquisition of Antalis shares pursuant to the proposed simplified tender offer (the “Proposed Offer”) has been increased to €0.90 per Antalis share.

On 22 July 2020, KPP filed its Proposed Offer with the Autorité des marchés financiers (AMF) for the existing Antalis shares not held by it (with the exception of the 499,942 treasury shares held by the company representing 0.70% of its share capital) at an initial price of €0.73 per share.

Following the decision by the Offeror to increase the price of its Proposed Offer, Antalis' board of directors met immediately thereafter, without the presence of the directors selected by KPP, to take note of this increase.

Antalis' board of directors has also scheduled a meeting in the near future once it has received the revised report from the independent expert Finexsi, to consider the impact of the increase on its reasoned opinion of 21 July 2020 relating to the Proposed Offer, which now reflects the amended unit price of €0.90 per share. KPP's Proposed Offer remains subject to review by the AMF.

Trading suspension of Antalis shares

In this context, Antalis announced today that it has applied to Euronext to suspend the trading of its shares on Euronext Paris from Thursday 17 September 2020 until further notice.

About Antalis

Antalis (Euronext Paris : ANTA) is the leader in B2B distribution of Papers (number 1 worldwide outside the United States) and industrial Packaging, and number two in the distribution of Visual Communication media in Europe. In 2019, the Group reported sales of €2.1 billion and employed 4,700 people serving over 115,000 customers, companies and printers in 39 countries. Through its 117 distribution centres, Antalis makes around 11,000 deliveries per day worldwide and it distributed 1.1 million tons of paper in 2019.

Analysts & Investors Contact
Steve McCue
+33 (0)1 58 04 21 00
contact@antalis.com
www.antalis.com

Media Contact
Image Sept
Claire Doligez
+33 (0)1 53 70 74 25
cdoligez@image7.fr



This publication embed "Actusnews SECURITY MASTER".
- SECURITY MASTER Key: yZluaJdmkmbKmW9xlsdmbmiZmG5ilGGaZZWZmJSeZpfGbp1glGxqZ8aeZm9mlWtm
- Check this key: https://www.security-master-key.com.



Regulated information:
News releases during takeover bids :
- Takeover bids Other news releases


Full and original press release in PDF: https://www.actusnews.com/news/65060-tender-price-increase-and-trading-suspension.pdf

Receive by email the next press releases of the company by registering on www.actusnews.com, it's free


© 2020 ActusNews
share with twitter share with LinkedIn share with facebook
All news about ANTALIS
09/23ANTALIS : Results for the first half of 202023/09/2020 - PDF - 219.24 Ko
PU
09/23ANTALIS : Results for the first half of 202023/09/2020 - PDF - 219.23 Ko
PU
09/23ANTALIS : First-half 2020 results
AN
09/17ANTALIS : Tender price increase and trading suspension17/09/2020 - PDF - 86.64 K..
PU
09/17ANTALIS : Tender price increase - Trading suspension
AN
08/14ANTALIS : Acquisition
CO
08/14ANTALIS : Half-year results
CO
07/31ANTALIS : Monthly statement on outstanding equity shares and voting rights
CO
07/21ANTALIS : Finalisation of acquisition by KPP of Antalis shares
AN
07/21ANTALIS : Estimated operational performance for first-half 2020
AN
More news
Financials
Sales 2020 1 867 M 2 173 M 2 173 M
Net income 2020 -30,7 M -35,7 M -35,7 M
Net Debt 2020 450 M 524 M 524 M
P/E ratio 2020 -1,75x
Yield 2020 -
Capitalization 53,2 M 62,1 M 61,9 M
EV / Sales 2020 0,27x
EV / Sales 2021 0,25x
Nbr of Employees 4 700
Free-Float 16,3%
Chart ANTALIS
Duration : Period :
Antalis Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ANTALIS
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
 
Mean consensus -
Number of Analysts 1
Average target price 0,73 €
Last Close Price 0,75 €
Spread / Highest target -3,18%
Spread / Average Target -3,18%
Spread / Lowest Target -3,18%
EPS Revisions
Managers
NameTitle
Hervé Poncin Chief Executive Officer & Non-Independent Director
Madoka Tanabe Chairman
Steve McCue Chief Financial Officer
Clare Chatfield Independent Director
Delphine Drouets Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ANTALIS-5.04%62
CHEWY, INC.89.62%22 641
TRACTOR SUPPLY COMPANY49.75%16 263
ULTA BEAUTY-14.26%12 224
NEXT PLC-12.94%9 939
GRANDVISION N.V.-14.30%6 966