Tok & Stok makes offer to acquire all of Mobly

A MoblyBrazilian retailer of furniture, announced the interest of the family Dubrule, founder of Tok&Stokin repurchasing the company. The information was released through a relevant fact.

In the document, Mobly reveals Tok & Stok’s interest in acquiring 100% of the company through a Public Offer of stocks (OPA).

In this movement, the French company offers R$ 0,68 for each of the 122,763,403 shares, with an estimated total value of R $ 83.47 million.

The value per share is below market price. On Friday (28), the last day of operation of the Brazilian Stock Exchange before Carnival, Mobly’s action closed the R$ 1,39.

“Based on its wide experience in the furniture and decoration retail industry, potential offers firmly believe in their ability to boost Mobly’s results, as they did with Tok&Stok“The Dubrule family says through the relevant fact.

In the correspondence, the interested parties ask that the Mobly Adopt all necessary measures to convene and carry out the Extraordinary General Assembly (AGE) of shareholders as soon as possible, in order to evaluate the acquisition.

In addition, they say they will immediately start conversations with creditors to ensure the approval of debenturists.

In the statement sent to the Securities Commission (CVM), Mobly says she will keep the market informed about any update related to the subject.

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In the same period, the Mobly announced the purchase of Tok&Stokthus creating a giant in the furniture and decoration market, with an estimated annual revenue of R $ 1.6 billion.

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