Euro Disney ‘Cash Tender Offer’ watch
As the Simplified Cash Tender Offer continues The Walt Disney Company via their wholly-owned subsidiary The EDL Holding Company LLC purchased 22,437 Euro Disney S.C.A. shares on 18 May 2017.
The Walt Disney Company now own 86.7762% of Disneyland Paris with 679,774,591 shares.
Euro Disney S.C.A. has a total of 783,364,900 shares, and The Walt Disney Company has announced that they intend to apply to the AMF for a mandatory take-over of Disneyland Paris if they reach an ownership level of 95% of the company.
You can also follow the stake The Walt Disney Company owns in Euro Disney via this nifty little bar graph created by @sneakymichael which is updated via our daily RRS feed.
Disneyland Paris shareholders have the opportunity to sell their shares to TWDC until 8 June 2017 for €2.00 per share under the Offer.
