Bricorama SA cancelled the acquisition of Mr. Bricolage SA from group of sellers.
September 12, 2015 at 12:00 am EDT
Bricorama SA (ENXTPA:ALBRI) made an offer to acquire Mr. Bricolage SA (ENXTPA:MRB) from group of sellers for approximately 150 million in cash on September 11, 2015. Under the terms of the deal, Bricorama agreed to pay 15 per share of Mr. Bricolage. The group of sellers includes Forcole, Elimel Investment, Dicarol Investissement, Action Nationale des Promoteurs du Faites-Le Vous-Meme, Fidelity Management & Research Company, SIMB and Tabur family.
Bricorama SA (ENXTPA:ALBRI) cancelled the acquisition of Mr. Bricolage SA (ENXTPA:MRB) from group of sellers on September 12, 2015. Mr Bricolage's majority shareholder rejected the acquisition offer of Bricorama.