In today’s briefing:
- Lutronic (085370 KS): Hahn & Co Tender Offer
Lutronic (085370 KS): Hahn & Co Tender Offer
- On 9 June, skin and cosmetic treatment play Lutronic Corp (085370 KS) announced a Tender Offer from Korean PE outfit Hahn & Company.
- After acquiring 19.41% from Lutronic’s CEO at ₩ 36,700, Hahn will launch an Offer for all remaining shares at the same price.
- This Offer Price is a lifetime high. There is no minimum tendering condition.