Cuatrecasas Advises Inocsa on Takeover Bid

Cuatrecasas has advised Inocsa on launching a voluntary takeover bid for the remaining 37.97% stake that it does not already hold in the Catalana Occidente Group (GCO). Inocsa offers a cash purchase of €50 per share. Alternatively, the offer can be accepted through an exchange of shares, under the terms established in the bidding documentation.

Currently, Inocsa holds 62.03% of GCO’s shares, which will be immobilized during the acquisition process. Thus, the offer totals an estimated €2.277 billion.