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Nestle wants to buy up all the shares «seeding specifications:» with a premium of 25%

Swiss company Nestle has made an offer to purchase all of the population shares the Israeli concern «seeding specifications:» at the price of 82.5 shekels per share, which is 25% above the current market price.

The proposal provides estimates of the «seeding specifications:» in of 9.13 billion shekels.

At the moment Nestle already owns 63.7% of shares of «Osama». After the redemption of all the shares of the Israeli company from the public will become private and will be released from all indexes on the tel Aviv stock exchange.

The final decision on the proposal of Nestle must be submitted to the shareholders ‘ meeting on March 17. The deadline for the purchase of shares giving the right to participate in the voting on 16 February.




Nestle wants to buy up all the shares «seeding specifications:» with a premium of 25% 04.02.2016

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