Oep launches bid on all shares of Techedge at 5.40 euro per share

OEP Coop has launched a purchase offer on all shares of Italy's Techedge, a Milan-listed information technology company, in a bid that could top 113 million euros ($132 million).

MILAN, July 27 (Reuters) - OEP Coop has launched a purchase offer on all shares of Italy's Techedge TEDGE.MI, a Milan-listed information technology company, in a bid that could top 113 million euros ($132 million).

Oep said on Monday it was offering 5.40 euros for each share, corresponding to a 7.5% premium on last Friday's closing price for Techedge stocks.

Mediobanca acted as financial adviser for Oep, it said.

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($1 = 0.8548 euros)

(Gdansk bureau, enrico.sciacovelli@thomsonreuters.com,+4858775278)) )

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