Core Points - Tarkett Participation has increased its public buy-out offer price from 16 euros to 17 euros per share, representing a premium of 40.6% and 46.1% over the volume-weighted average share price for the last 20 and 60 trading days, respectively, and a premium of 25.5% over the last closing price prior to the announcement on February 20, 2025 [1][8] - The independent expert, Finexsi - Expert & Conseil Financier, has concluded that the increased offer price is fair to Tarkett's shareholders [2][8] - The Supervisory Board of Tarkett has endorsed the favorable recommendation from the ad hoc Committee regarding the increased offer price, stating it is in the interest of Tarkett, its shareholders, and employees [3][8] Company Overview - Tarkett is a global leader in innovative and sustainable flooring solutions, with sales of 3.3 billion euros in 2024 and employing nearly 12,000 people [8] - The company operates 24 R&D centers, 8 recycling centers, and 35 production sites, serving customers in over 100 countries [8] - Tarkett is committed to the circular economy and sustainable development through its Tarkett HumanConscious Design® approach [8]
Tarkett Participation increases the price offered in its public buy-out Offer- Tarkett's Supervisory Board issues a favorable reasoned opinion based on the increased Offer price and the work of the independent expert
Globenewswire·2025-04-24 06:24