Rexel

(ITnews) - (Hugin) - NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN REXEL ESTENDE LA DURATA DEL DEBITO E MIGLIORA LA SUA FLESSIBILITÀ FINANZIARIA ATTRAVERSO IL RIFINANZIAMENTO INTEGRALE DELLA SUA LINEA DI CREDITO SENIOR Rexel, leader mondiale nella distribuzione di materiale elettrico, ha ultimato il 21 dicembre 2009 il rifinanziamento della sua linea di credito senior esistente dell'ammontare di

ITnews 2009

Rexel shares rose 11% to €14.85, while Hagemeyer's fell 3.7% to €4.64.

Hagemeyer Rejects Rexel's Bid 2007

Rexel said that if the acquisition succeeds, it will sell Hagemeyer's U.S.,

Hagemeyer Rejects Rexel's Bid 2007

The statement said Rexel will have access to Hagemeyer's books to conduct due diligence beginning tomorrow.

Rexel Is in Talks to Acquire Hagemeyer 2007

"We believe the valuation reflects the quality of the management, employees and assets of Hagemeyer as well as the combined potential for further growth and profitability," Rexel said.

Hagemeyer Rejects Rexel's Bid 2007

Rexel later Thursday said its offer is compelling and fully values the company, adding that it looks forward to the talks.

Hagemeyer Rejects Rexel's Bid 2007

However, the Dutch company said it will meet with Rexel to discuss the bid.

Hagemeyer Rejects Rexel's Bid 2007

"As requested by Rexel, we intend to meet with them in order to allow Rexel to clarify its intentions," Hagemeyer said.

Hagemeyer Rejects Rexel's Bid 2007

Hagemeyer's board said it has confidence that the company's strategy can offer a substantially higher value than the €4.60 a share offered by Rexel.

Hagemeyer Rejects Rexel's Bid 2007

Rexel said it expects the acquisition would boost annual sales by about €3.6 billion to more than €14 billion.

Hagemeyer Rejects Rexel's Bid 2007