46.93% acceptance of Fortum’s Uniper-offer – additional acceptance period to commence
The number of shares tendered during the initial acceptance period of Fortum’s voluntary public takeover offer for the outstanding shares of Uniper totalled 171,736,647 shares.
This corresponds to approximately 46.93% of the share capital and the voting rights of Uniper. The initial acceptance period ended on 16 January 2018, Fortum said in a stock exchange release.
Uniper shareholders who have not yet tendered their shares to the offer within the initial acceptance period can still tender during the additional acceptance period beginning on 20 January 2018 and ending on 2 February 2018 at 24:00 CET (local time in Frankfurt am Main), pursuant to the statutory provisions of the German Securities Acquisition and Takeover Act (WpÜG). Fortum expects to publish the total amount of shares tendered on 7 February 2018.
The offer is still subject to competition and regulatory approvals. Fortum expects to finalise the transaction in mid-2018.
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