R2G launches tender offer for Pegas Nonwovens

Czech investment group R2G announced a tender offer to all shareholders of Pegas Nonwovens at CZK 1,010 per share, an 8% premium. However, primary shareholder Wood Textiles Holding stated it is not considering a sale.

“At the moment we regard the long-term growth potential of Pegas. So we are not changing our strategy, which is long-term.”nonwovens-industry.com

• 1 source
• nonwovens-industry.comPegas Eyed by Investors - Nonwovens IndustryBy: Karen McIntyre EditorJul 18, 2017

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