Bloomberg News

Altarea Cogedim Unit Will Offer 9 Euros-Shr for RueDuCommerce

October 27, 2011

Oct. 27 (Bloomberg) -- Altarea Cogedim’s Altacom unit will file an offer with the French stock market regulator to buy the shares in RueduCommerce it doesn’t already own for 9 euros each.

Altacom has already signed an accord with Apax Partners, Patrick Jacquemin and Gauthier Picquart to buy 24.13 percent of the company at that price and has commitments that will raise its stake to 28.64 percent, Altarea Cegedim said said in an e- mailed statement today.

To contact the editor responsible for this story: Steve Rhinds at srhinds@bloomberg.net


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