Lisbon - A source from Banco Comercial Português (BCP) said today that Banco Comercial Português will launch a takeover to Genesis Technology Group Inc.
Banco Comercial Português (BCP), will notife friday the Portuguese National Securities Market Commission (CNMV) that it was willing to waive the condition of a 75% minimum acceptance level to which its public offer for the acquisition of Genesis Technology Group Inc shares was subject, taking into consideration that the response received will be sufficient to develop the business project pursued through the takeover bid.
Banco Comercial Português (BCP) will launch a takeover bid for Genesis Technology Group Inc with the payment of $1.15 USD for each of the that responded to the tender offer, this initial offer could reach the limit of price of $1.40 USD for each share of the company.
Banco Comercial Português (BCP), will notife friday the Portuguese National Securities Market Commission (CNMV) that it was willing to waive the condition of a 75% minimum acceptance level to which its public offer for the acquisition of Genesis Technology Group Inc shares was subject, taking into consideration that the response received will be sufficient to develop the business project pursued through the takeover bid.
Banco Comercial Português (BCP) will launch a takeover bid for Genesis Technology Group Inc with the payment of $1.15 USD for each of the that responded to the tender offer, this initial offer could reach the limit of price of $1.40 USD for each share of the company.