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Investegate |CPI Property Group Announcements | CPI Property Group: Offer Closed for Acceptances

Investegate |CPI Property Group Announcements | CPI Property Group: Offer Closed for Acceptances
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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FTSE 100 Gains as Retailers, Miners, Oil Stocks Rise

FTSE 100 Gains as Retailers, Miners, Oil Stocks Rise
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Investegate |CPI Property Group Announcements | CPI Property Group: First Closing Date and Extension of Offer

Investegate announcements from CPI Property Group, First Closing Date and Extension of Offer

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Investegate |Globalworth Real Est Announcements | Globalworth Real Est: Offer Update

Investegate announcements from Globalworth Real Est, Offer Update

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Investegate |Globalworth Real Est Announcements | Globalworth Real Est: Publication of Response Circular

Publication of Response Circular

The Independent Committee of the Globalworth Board announces today that it is publishing its response circular (the "Response Circular") in connection with the unsolicited cash offer by CPI Property Group S.A. and Aroundtown SA at €7.00 per Globalworth Share (the "Offer").
The Independent Committee continues to believe that the Offer significantly undervalues Globalworth, its assets and its prospects. A letter from the Chairman of the Board, and on behalf of the Independent Committee, as set out in the Response Circular has been extracted in full below.
The full Response Circular is available to view at
https://www.globalworth.com/investor-relations/offer-for-globalworth

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Investegate |CPI Property Group Announcements | CPI Property Group: Cash Offer for Globalworth Real Estate Investments

BY
THROUGH
ZAKIONO ENTERPRISES LIMITED
· CPI Property Group S.A. ("CPI") and Aroundtown SA ("Aroundtown", together with CPI, the "Consortium") announce the terms of a cash offer pursuant to which Zakiono Enterprises Limited ("Zakiono") shall offer to acquire the entire issued and to be issued share capital (not already held, or agreed to be acquired, by Zakiono) of Globalworth Real Estate Investments Limited ("Globalworth") (the "Offer").
· Under the terms of the Offer, which will be subject to the Conditions and certain further terms set out in Appendix 1 to this announcement and to the full terms and conditions which will be set out in the Offer Document, Globalworth Shareholders will be entitled to receive:

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