Voltalia Ord Shs VLTAF

Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes in carbon credit trading activities. The Company operates several subsidiaries, including Anelia and Bio-Bar in France, Voltalia Guyane, SIG Kourou, SIG Mana and SIG Cacao in French Guyana, Voltalia Energia do Brasil in Brazil, Thegero in Greece and Alterrya Maroc in Morocco, among others. The Company is owned by Voltalia Investissement SA.

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Voltalia Ord Shs > VTR Next?

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Comment by 4x4on Jun 18, 2012 6:22pm

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Post# 20027745

RE: RE: VTR Next?

This looks like a friendly takeover...???? agreed by both parties...???

Yamana Gold Inc. has entered into a definitive agreement with Extorre Gold Mines Ltd. whereby Yamana will acquire all of the issued and outstanding common shares of Extorre.

Under the terms of the agreement, each Extorre shareholder will receive $4.26 per share comprising $3.50 in cash and 0.0467 of a Yamana common share for each Extorre common share held. The offer represents a 54-per-cent premium to Extorre's 20-day volume weighted average price (VWAP) and an 18-per-cent premium to the 60-day VWAP for the period ending June 15, 2012. The transaction value, net of cash and on a basic shares outstanding basis, is approximately $395-million, representing approximately 3 per cent of Yamana's pro forma market capitalization.

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