Argan Seeks Shareholder Approval for Merger Into WDP
Bitget2026/10/20 06:24- Argan shareholders will vote November 20, 2026, on a cross-border merger under which Warehouses De Pauw would absorb the company.
- The proposed exchange offers three new WDP ordinary shares for each ordinary share retained.
- Shareholders will also vote on an exceptional EUR 11-per-share distribution payable before completion.
- Eligible dissenting shareholders may seek EUR 71.1 per share in cash, reduced to EUR 60.1 following the exceptional distribution.
- Completion is targeted for the first quarter of 2027, subject to shareholder approval and other conditions.
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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