Argan merger auditor finds WDP share exchange ratio fair
Bitget2026/10/20 06:02- 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: 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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