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Themis to start tender offer of Ferronoux shares next week
The Philippine Star
|March 14, 2025
Themis Group Corp. is set to commence next week its tender offer for all the common shares of listed Ferronoux Holdings Inc. held by public shareholders as part of its backdoor listing.
In a stock exchange filing, Ferronoux said that it received information from Themis Group of the latter's intention to conduct a tender offer for up to 128.29 million common shares of the company for P2.22 per share.
The tender offer period will commence on March 19, 2025 and end on April 21, 2025.
Themis is a domestic corporation incorporated with the primary purpose of engaging in the activities of a holding company.
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