Statement regarding Kingspan Group plc
(WorldNews Belgium)

PRESS RELEASE Regulated information - Inside information Brussels, 16 April 2019 - for immediate release STATEMENT REGARDING KINGSPAN GROUP PLC Recticel NV announces that it has received today an unsolicited non-binding offer from Kingspan Group Plc to acquire Recticel`s Insulation division and Flexible Foams division for an enterprise value of EUR 700 million on a debt-free,cash-free basis and subject to further price adjustment mechanisms. Recticel has taken note of the press release issued by Kingspan. Kingspan has indicated that it has entered into a back-to-back agreement with a third party for the disposal of all of the Flexible Foams business. Kingspan has not provided Recticel with...