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ALPRI Prismaflex International

6.20
0.00 (0.00%)
03 Mar 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Prismaflex International EU:ALPRI Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.20 6.00 6.20 0.00 07:31:00

WPP in Talks for Acquisition of 87% of Press Index, Valued at EUR11.2 Million

14/06/2012 10:35am

Dow Jones News


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LONDON--WPP PLC (WPP.LN), a communications services group, and Press Index S.A. (ALPRI.FR), a media intelligence and monitoring group, announced Thursday exclusive negotiations for the acquisition by WPP of shares representing 8% of the outstanding shares of Press Index from its founders as well as other sellers.

MAIN FACTS:

-Provided this transaction completes, the purchaser would initiate an all-cash simplified tender offer to acquire the remaining outstanding shares of Press Index

-The price per share would be 6.81 euros in cash; this price would currently value Press Index at EUR11.2 million total equity value.

-WPP shares at 902 GMT, down 14 pence, or 1.79%, at 739.5 pence valuing the company at GBP9.49 billion.

-Write to Rory Gallivan at rory.gallivan@dowjones.com

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