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Thursday afternoon, Arcus writes that the board of directors finds Canica's offer unfair and therefore recommends shareholders not to accept the offer.
The Board invites shareholders to evaluate the long-term opportunities of the company, with potential for growth and improvement in all parts of the business. Depending on Arcus' ability, competitive dividends will be distributed to shareholders over time.
Stein Erik Hagens Canica acquired a 33% stake in the spirits maker Arcus, according to a statement released on June 12. As a result of the acquisition, Hagen is committed to bidding for the rest of the company's shares and Canica has submitted an offer with a premium of 5.3 percent on the quarterly per share section of the company. Arcus calculated for the period before the publication of the offer. ] window.fbAsyncInit = function () {
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