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News 12.04.2017

Refresco rejects PAI’s unsolicited non-binding proposal

Refresco Group N.V. has taken notice of the rumours in the market on a proposal by PAI Partners SAS (PAI). Refresco confirms that it received an unsolicited, indicative and conditional proposal from PAI on 6 April 2017 regarding a possible offer to acquire all 81.2 million issued shares in the company at an aggregate cash consideration of EUR 1,404 million.

Refresco receives renewed interest from PAI

Refresco Group N.V. has taken notice of the rumours in the market on a proposal by PAI Partners SAS (PAI). Refresco confirms that it received an unsolicited, indicative and conditional proposal from PAI on 6 April 2017 regarding a possible offer to acquire all 81.2 million issued shares in the company at an aggregate cash consideration of EUR 1,404 million.

The Executive Board and the Supervisory Board (together, the “Boards”) of Refresco have, in line with their fiduciary duty, reviewed the proposal, taking into account the interests of all Refresco’s stakeholders.

Refresco has informed PAI that the proposed terms and conditions did not merit any further investigation and have accordingly rejected the proposal.

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