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Unread 7 May 17, 12:50 PM  
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#1
stocst
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Anyone know what is happening about the shares?

Just wondering if anyone has sold their shares yet?

The offer should now be in place but I have not heard or seen anything.
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Unread 8 May 17, 08:21 PM  
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Disney Den
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Glad I'm not the only one feeling in the dark. I have used my trusty friend Google but I can't find anything said of any note since February but I had in my mind that an offer would be made in April. Guess we'll have to wait a little longer.
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Unread 8 May 17, 10:58 PM  
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I've been following "Salon mickey" on Twitter.
They do daily updates - think TWDC now own 86% of the shares.
Can't remember how much they need to own, but when they do the public then get the go ahead to sell.
All very complicated and I'm still not sure what to do with mine.
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Unread 9 May 17, 08:46 AM  
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Burgmeister
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I was under the impression that (for UK company law at least) if a buyer acquires a certain percentage of the shares the remainder are taken over in a compulsory manner.

This is just a vague dim recollection though, so could be complete hogwash!
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Unread 9 May 17, 09:38 AM  
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lovewdw
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Its 95% that they need to reach to compulsory purchase the remainder.
Salon Mickey (salonmickey/) are posting daily updates as Disney are buying at 2 Euro per share on the stock market.
If you are wanting to sell you can do so via the stock market or just wait and see what happens.
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Unread 9 May 17, 09:50 AM  
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Jonjo (Salon Mickey) is good to keep updated with as others have said. I'm hanging fire until I receive something official.
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Unread 11 May 17, 02:13 PM  
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#7
lovewdw
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A new notice has been posted at salon mickey:

The Autorit des marchs financiers (AMF) have approved The Simplified Cash Tender Offer presented by The Walt Disney for Euro Disney S.C.A.

The AMF has granted visa no. 17-187, dated 9 May 2017 in respect to the simplified cash tender offer which was presented to Euro Disney S.C.A Shareholders by The Walt Disney Company on 10 February 2017.

The Offer sees TWDC offering Disneyland Paris Shareholders 2.00 per share.

Financial institutions and stock brokerages have today started the process of contacting Euro Disney shareholders with the offer to voluntarily sell their shares to TWDC.

Shareholders will have the opportunity to sell their shares to TWDC from 11 May 2017 until 8 June 2017.

Once the Offer has closed, and if TWDC manage to increase their ownership of Euro Disney to 95% they then plan on applying to the AMF for a mandatory takeover of Euro Disney which if approved would see Disneyland Paris under the full control of The Walt Disney Company.

Euro Disney had launched the following website dedicated to the Offer eurodisney-opa/en/
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Unread 11 May 17, 02:20 PM  
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Silvercat
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They will have to prise my shares from my cold, dead fingers.

I'm not giving them up without a fight! (Although I'm fairly sure that they will achieve their 95% majority and will then buy my shares off me without my having a say in the matter ... )
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