Gilde confirms offer for Econosto

In January, Gilde announced its intention to make a public offer for the entire issued and outstanding share capital of Econosto. In February the fund and the targeted company have confirmed that the negotiations are well under way for the offer and Gilde will submit a request for approval of the offer memorandum to the Dutch authority for the financial market in the coming weeks. The offer memorandum is expected to be published mid March 2008.

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