Barclays Offer For Tricorona Wholly Unconditional
July 20 2010 - 1:57AM
Dow Jones News
U.K. bank Barclays PLC (BARC.LN) said Tuesday that all
conditions to the offer for Tricorona AB (TRIC.SK) have now been
satisfied or waived and accordingly, the offer is declared
unconditional in all respects.
MAIN FACTS:
-On June 2 Barclays announced a recommended cash offer by its
wholly owned subsidiary, TAV AB, to acquire all the shares in
Tricorona for SEK 8.00 in cash per share.
-Barclays shares closed Monday at 08503 pence valuing the
company at GBP34.37 billion.
-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296;
ian.walker@dowjones.com