MONTERREY, Mexico and MUTTENZ, Switzerland, September 15, 2022 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, SAB de CV (“FEMSA”, BMV:FEMSAUBDFEMSAUB.MX, NYSE:FMX) today published the definitive interim result of its public offer (“Offer”) by FEMSA’s wholly owned subsidiary, Impulsora de Marcas e Intangibles, SA de CV, to acquire all publicly held registered shares in Valora Holding AG (“Valora”; SIX: VALN ) at a price of CHF 260.00 net in cash per share as previously announced on July 5, 2022. By the end of the offer period, 3,698,762 Valora shares had been tendered as part of the offer. Taking into account the Valora Shares tendered and the Valora Shares held by persons acting jointly with the Offeror, FEMSA’s holding totals 3,705,851 Valora Shares, which corresponds to 84.42% of Valora’s issued share capital and voting rights. FEMSA appreciates the strong support for the merger with Valora from Valora shareholders.

The definitive announcement of the interim result is available at https://femsa.gcs-web.com/valora-transaction.

The minimum condition of the acceptance offer, namely the valid tender of two-thirds of Valora’s fully diluted share capital, has been met. The additional acceptance period for the offer begins on September 16, 2022 and is expected to last until September 29, 2022, 4:00 p.m. Swiss time.

The completion of the Offer is subject to other customary conditions, including regulatory approvals, as set out in the Offer Prospectus. Upon completion of the Offer and in accordance with the terms set out in the Offer Prospectus, FEMSA intends to initiate a squeeze-out process and delist the Valora Shares from trading on the SIX Swiss Exchange.

The preliminary timetable for the completion of the offering is as follows:

Friday, 09/16/2022	Beginning of the additional acceptance period
Thursday, 09/29/2022	End of the additional acceptance period, 4:00 p.m. Swiss time
Friday, 09/30/2022	Source story More to explorer When Gravity Hurts: How a Fort Lauderdale Slip and Fall Lawyer Can Secure Your Justice April 30, 2025 When you imagine a peaceful afternoon stroll or an errand run to the grocery store, the last thing you expect is to Why Document Shredding is Essential for Small Businesses April 28, 2025 In today’s digital age, protecting sensitive information is more important than ever. Small businesses, in particular, are often vulnerable to data breaches, The Role of Calgary Car Accident Lawyers in Dealing With Insurance Companies April 15, 2025 Preszler Injury Lawyers play a crucial role in managing your insurance claims effectively. They simplify the intricate process while ensuring you gather injuredly News Provide the latest news. All News World News, Business News, Health Care, Life Style. All News Around the World Update On This Website. Facebook-f Twitter Instagram POPULAR POSTS When Gravity Hurts: How a Fort Lauderdale Slip and Fall Lawyer Can Secure Your Justice When you imagine a peaceful afternoon stroll or an errand run to the grocery store, the last thing you... Why Document Shredding is Essential for Small Businesses In today’s digital age, protecting sensitive information is more important than ever. Small businesses,... The Role of Calgary Car Accident Lawyers in Dealing With Insurance Companies Preszler Injury Lawyers play a crucial role in managing your insurance claims effectively. They simplify... Who Pays for Your Medical Bills After a Car Crash in Phoenix? A car accident in Phoenix can leave you with more than just vehicle damage. It often results in medical... No posts found © INTERNATIONAL NEWS POWERED BY CONNECTED MEDIA