27 February 2013 07:34 [Source: ICIS news]
SINGAPORE (ICIS)--Switzerland-based Syngenta announced on Wednesday that Devgen has been delisted from the NYSE Euronext Brussels following the acquisition by Syngenta.
Syngenta will hold 100% of Devgen shares after the closing and settlement of the squeeze-out. Previously, Syngenta held 98.32% of the shares, the company said in a statement.
The squeeze-out opened on 6 February 2013 and closed on 26 February 2013 (15:00 GMT), it said.
The outcome of the squeeze-out will be announced to the public on March 5, 2013 and payment of the shares and warrants tendered during the squeeze-out will take place on 8 March 2013, it added.
($1 = €0.77)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections