The Walt Disney Company increases stake in Disneyland Paris to 87.15%

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Euro Disney ‘Cash Tender Offer’ watch

The highly controversial Simplified Cash Tender Offer  made by The Walt Disney Company for Euro Disney S.C.A. continues. with  TWDC  via their wholly-owned subsidiary The EDL Holding Company LLC purchasing 61,528 Euro Disney shares on 1 June 2017.

The Walt Disney Company now own 87.15% of Disneyland Paris with 682,722,883 shares.

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