March 13 (Reuters) - Farminveste SGPS SA MLFMV.EUL:
SAID ON WEDNESDAY, APPROVES ADDENDUM TO PROSPECTUS OF ITS PUBLIC OFFER FOR BOND LOAN 2025-2029 OF UP TO 8 MILLION BONDS FOR UP TO 40 MILLION EUROS
BOND LOAN THROUGH CASH SUBSCRIPTION OFFER AND TWO GENERAL EXCHANGE OFFERS OF BONDS CONVERTIBLE INTO CATEGORY B SHARES
ADDENDUM ESTABLISHES ENDING PERIOD OF OFFERS ON MARCH 17 INSTEAD OF MARCH 14 PREVIOUSLY
SETTLEMENT AND SUBSCRIPTION DATE WILL BE ON MARCH 20
SAID ON TUESDAY ITS UNITS ALLIANCE HEALTHCARE AND ALLOGA PORTUGAL TO SELL 51% STAKE IN ALLOGA LOGIFARMA TO CENCORA FOR 46.8 MILLION EUROS WITH A CAPITAL GAIN OF 37.3 MILLION EUROS
DEAL INCLUDES OPTION OF SALE OF REMAINDER 49% FOR A PERIOD OF A YEAR FROM DECEMBER 1, 2025
THE TRANSACTION IS EXPECTED TO CONCLUDE IN H1 2025
DEAL PART OF PLAN TO ALLOW THE PARTIAL REPAYMENT OF ITS UNIT FARMINVESTE IPG'S DEBT AND CREATE CONDITIONS TO ALLOW RENEGOTIATION OF THAT DEBT
Source text: https://tinyurl.com/3fcj5rd6, https://tinyurl.com/3u6b48cj Further company coverage: MLFMV.EUL
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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