Imperial Tobacco's Altadis Takeover Offer Results to be Announced Next Week

Source from:  20-January-2008 PARIS (Thomson Financial) 01/21/2008

The outcome of the takeover offer by the UK's Imperial Tobacco Group PLC for Franco-Spanish company Altadis is due to be announced next week, a source close to Altadis said. Altadis' board has recommended that the offer, which expired on 18 Jan, be accepted. The source said Spanish market regulator CNMV is expected to announce the level of acceptances by shareholders by the end of next week. Imperial is offering 50 eur per Altadis share, valuing the manufacturer of Gauloise and Fortuna cigarettes at 12.8 bln eur. helen.beresford@thomson.com afp/hem/vs COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. Enditem