Argan merger auditor finds WDP share exchange ratio fair

Bitget2026/10/20 06:02

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Merger auditor Olivier Péronnet deemed fair the proposed exchange of 3 WDP shares for each Argan share following an exceptional distribution.
The exceptional distribution is €11 per share; the auditor deemed the €71.10 withdrawal price, equivalent to €60.10 following that distribution, justified.
A shareholder vote on the proposed merger with Warehouses De Pauw is scheduled for November 20, 2026.
Completion is expected in the first quarter of 2027, subject to conditions including approval by both companies' shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Argan SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610200200OMX_____CNEWS_EN_GNW1001278831_en) on October 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Argan merger auditor finds WDP share exchange ratio fair

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