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CMKX - May 10 - 05 D-Day - The next chapter
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[QUOTE]Originally posted by legaleagle: [QB] Banco Espirito Santo will launch a takeover to CMKM Diamonds Inc Mensagem enviada: 6/jul/2005 16:30 Responder Lisbon - Today´s rumor that CMKM Diamonds Inc will enter in the Angola diamond market make a reaction on the portuguese interests that are in Angola. A source of Banco Espirito Santo said that this bank could make a takeover of CMKM Diamonds Inc. The source said Banco Espirito Santo is preparing to notifie will n next friday the Portuguese National Securities Market Commission (CNMV) that it was willing to waive the condition of a 75% minimum acceptance level to which its public offer for the acquisition of CMKM Diamonds Inc shares was subject, taking into consideration that the response received will be sufficient to develop the business project pursued through the takeover bid. Banco Espirito Santo if the rumour is true will launch a takeover bid for CMKM Diamonds Inc with the payment of 0,001 euros for each of the that responded to the tender offer, this initial offer could reach the limit of price of 0,0015 euros for each share of the company. [/QB][/QUOTE]
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