Current Price – Eur 27.27
Offer Price – Eur 35
Upside – 28%
Expiration date – 20 January 2016
Alstom is listed in France
This is a materially different tender compared to the ones usually posted on this site. So do your own due diligence before making the purchase.
Alstom is buying back 30% of the outstanding shares. There is no odd lot provision. The largest shareholder (Bouygues, 29% holding) has indicated that it will tender the shares, therefore I would