Air Holdings Makes Mandatory Offer for Air Mauritius Shares

Air Holdings offers 5.80 rupees per share to acquire all voting shares in Air Mauritius not already held.

• Mandatory offer triggered by acquisition of 9.43 million shares from the State Investment Corp. and Rogers and Co. on Oct. 13
• The offer is not subject to any conditions
• NOTE: Air Mauritius Exits Administration After Debt Plan Approval

Source: Bloomberg