BESIX Group to proceed with compulsory acquisition following successful off-market takeover offer for Watpac

Thursday, 6th December 2018
Article Type: ASX Announcement

Watpac Limited and BESIX Group SA announce that at 6pm AEST on 3 December 2018, BESIX’s unconditional off-market takeover bid closed with BESIX increasing its strategic stake in Watpac from 28.1% to 91.8%. BESIX Group will proceed with compulsory acquisition of all remaining Watpac shares and will issue the necessary documents for this process in the near future.