Euro Disney ‘Cash Tender Offer’ watch Day 10
The Walt Disney Company via their wholly-owned subsidiary the EDL Holding Company LLC purchased 48,582 Euro Disney S.C.A. shares yesterday (3 May 2017) on the Euronext Paris stock exchange.
This takes TWDC’s ownership of Disneyland Paris to 86.05% with a total of 674,117,909 shares.
There are a total of 783,364,900 in Euro Disney S.C.A. and The Walt Disney Company has announced that they intend to apply for a mandatory take-over of Disneyland Paris if they reach an ownership level of 95% of the company.