July 30 is the deadline for shareholders to accept the buyout offered by a consortium led by France-based Lur Berri Holding.
The offer price is ISK 4.50 (€0.02/$0.04) in cash for each share, free from any pledges and encumbrances.
A successful buyout of the remaining shareholders’ stakes would mean Lurr Berri will become a much larger shareholder in Alfesca, with a fewer smaller shareholders, a company representative told IntraFish.
The consortium issued a share buyout option to the company's remaining shareholders in a bid to take the company private on June 30.
The
