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Barclays Offer For Tricorona Wholly Unconditional

Date : 20/07/2010 @ 07:57
Source : Dow Jones News
Stock : Tricorona AB (TRIC)
Quote : 1.375  0.0 (0.00%) @ 05:00

Barclays Offer For Tricorona Wholly Unconditional

Barclays (LSE:BARC)
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U.K. bank Barclays PLC (BARC.LN) said Tuesday that all conditions to the offer for Tricorona AB (TRIC.SK) have now been satisfied or waived and accordingly, the offer is declared unconditional in all respects.

MAIN FACTS:

-On June 2 Barclays announced a recommended cash offer by its wholly owned subsidiary, TAV AB, to acquire all the shares in Tricorona for SEK 8.00 in cash per share.

-Barclays shares closed Monday at 08503 pence valuing the company at GBP34.37 billion.

-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com

 
 


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