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Dada, transition from RCS to Orascom concluded

The purchase of Dada from Orascom, through the subsidiary Libero Acquisition, is 8.855.101 shares per share (54,627% of the share capital) - It will be a public offer for all at a price of 3,329 euros per share, to be paid in cash - communicated a note from the group

Dada, transition from RCS to Orascom concluded

Orascom Tmt Investent has finalized the purchase, through the subsidiary Libero Acquisition, of 8.855.101 unitary shares (54,627% of the capital) of Dada from RCS and will launch a public offer for all at the price of 3,329 euros per share, to be paid in cash . 

This was announced in a note from the group, adding that "the bidder will send Consob a copy of the bid document intended for publication within 20 days of this communication".

 

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