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FGR Eiffage

90.16
1.60 (1.81%)
07 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Eiffage EU:FGR Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.60 1.81% 90.16 89.50 90.82 91.18 89.18 89.20 238,598 16:40:00

Vinci, Eiffage Raise Offer for France's Prado Tunnel Operator

09/12/2021 6:46am

Dow Jones News


Eiffage (EU:FGR)
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From Feb 2020 to Feb 2025

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   By Ed Frankl 
 

French infrastructure company Vinci SA and civil-engineering firm Eiffage SA said late Wednesday that they have raised their price for a takeover of tunnel operator Societe Marseillaise du Tunnel Prado Carenage.

Vinci said they would file a takeover with the French market authorities for a price of 27 euros ($30.63) a share, up from EUR23 previously.

The price represents a premium of 71% over the Marseille-based operator's closing trading price on March 31, just before the two companies made their first offer, Vinci said.

The two companies, which are now acting in concert, jointly own 66.2% of share capital and voting rights of the tunnel operator, Vinci added.

 

Write to Ed Frankl at edward.frankl@dowjones.com

 

(END) Dow Jones Newswires

December 09, 2021 01:31 ET (06:31 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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