TWDC purchased 462,916 Euro Disney S.C.A. shares on 24 May, increasing their ownership of Disneyland Paris to 86.83%

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Euro Disney ‘Cash Tender Offer’ watch

The Simplified Cash Tender Offer  continues and The Walt Disney Company via their wholly-owned subsidiary The EDL Holding Company LLC purchased 462,916 Euro Disney S.C.A. shares on Tuesday 24 May 2017.

The Walt Disney Company now own 86.83% of Disneyland Paris with 680,270,052 shares.

Euro Disney S.C.A. has a total of 783,364,900 shares,  and under the Offer  TWDC is offering  Disneyland Paris shareholders  €2.00 per share.

If TWDC  reach an ownership level of 95% of the company, they are planning to  apply to the French financial markets regulator L’Autorité des marchés financiers (AMF) for a mandatory take-over of Euro Disney S.CA. the owners and operators of Disneyland Paris.

Shareholders have until 8 June 2017  to partake in the Offer.

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