Grimaldi bid on Finnlines
Finnlines Plc has today received information according to which Grimaldi Compagnia de Navigazione S.p.A (Grimaldi) is planning to make a voluntary offer for all shares in Finnlines Plc.
According to the announcement it is the intention of Grimaldi that the planned voluntary offer period would begin before the end of October 2006 and would last approximately five weeks.
Grimaldi has informed that they will pay EUR 15.95 per share in cash for each share in Finnlines.
The Board of Directors of Finnlines Plc will investigate the matter and will express its opinion on the final offer according to the Securities Market Act when the decision has been taken to make an offer and the offering document has been released.
Finnlines Plc