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Article: Ronex Holdings Extends the Initial Offer Period in its Partial Tender Offer for Retalix Shares.
- Article from:
- PR Newswire
- Article date:
- February 17, 2009
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TEL AVIV, Israel, February 17 /PRNewswire-FirstCall/ -- Ronex Holdings, Limited Partnership ("Ronex"), an Israeli limited partnership wholly-owned by the FIMI private equity funds, announced today that it extended to Tuesday February 24, 2009 at 10:00 a.m. New York time, or 5:00 p.m., Israel Time, the Initial Offer Period for its cash tender offer to purchase up to 2,038,977 ordinary shares of Retalix Ltd. , or approximately 10% of the outstanding shares, for $6.00 per share.
Through February 13, 2009, a total of 844,882 Retalix shares had been tendered pursuant to the terms of the offer and not withdrawn. The Initial Offer Period is extended due to a disclosure ...