Portucel actualmente
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Portucel actualmente
Portugal publishes Portucel bidding rules
30-12-2003 13:50 por Reuters
LISBON, Dec 30 (Reuters) - Portugal's government on Tuesday published bidding rules for the 30-percent stake in paper company Portucel it has put up for sale in a second round of privatisation.
The Official Gazette confirmed that the government had set a floor price of 1.45 euros each for the 230.25 million shares it plans to sell en bloc.
It owns 56 percent of Portucel.
Portucel traded at 1.39 euros in mid-afternoon deals on Tuesday.
The Gazette added that the value of bids tendered would only be taken into account to "choose between bids of equivalent merit."
Portucel was Europe's fifth-biggest manufacturer of uncoated paper last year, analysts say. Uncoated paper is used for a variety of purposes including photocopying, and coated paper is used in catalogues and brochures. In October, Portucel shareholders blocked a government plan that would have increased Portucel's capital with assets including an industrial plant. Opposition was led by Portucel's largest private shareholder, conglomerate Sonae SGPS , which protested that its 25-percent holding would be diluted. ((Reporting by Jose Barata, writing by Martin Roberts, editing by Tom Hals, Lisbon bureau 35121-3113121; Reuters messaging: jose.barata.reuters.com@reuters.net))
Agradecia comentario sobre este activo, sobe lentamente e parece que 1,45 sera alvo a cotar.
LUX
30-12-2003 13:50 por Reuters
LISBON, Dec 30 (Reuters) - Portugal's government on Tuesday published bidding rules for the 30-percent stake in paper company Portucel it has put up for sale in a second round of privatisation.
The Official Gazette confirmed that the government had set a floor price of 1.45 euros each for the 230.25 million shares it plans to sell en bloc.
It owns 56 percent of Portucel.
Portucel traded at 1.39 euros in mid-afternoon deals on Tuesday.
The Gazette added that the value of bids tendered would only be taken into account to "choose between bids of equivalent merit."
Portucel was Europe's fifth-biggest manufacturer of uncoated paper last year, analysts say. Uncoated paper is used for a variety of purposes including photocopying, and coated paper is used in catalogues and brochures. In October, Portucel shareholders blocked a government plan that would have increased Portucel's capital with assets including an industrial plant. Opposition was led by Portucel's largest private shareholder, conglomerate Sonae SGPS , which protested that its 25-percent holding would be diluted. ((Reporting by Jose Barata, writing by Martin Roberts, editing by Tom Hals, Lisbon bureau 35121-3113121; Reuters messaging: jose.barata.reuters.com@reuters.net))
Agradecia comentario sobre este activo, sobe lentamente e parece que 1,45 sera alvo a cotar.
LUX
- Mensagens: 6
- Registado: 30/12/2003 13:08
- Localização: Luxemburgo
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