BRIEF-Montupet's directors support Linamar's draft tender offer

Thu Oct 15, 2015 8:05am EDT
 
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Oct 15 (Reuters) - Montupet SA :

* Montupet's board of directors supports Linamar's draft tender offer

* Linamar intends to file for 100 percent of outstanding shares and voting rights of company

* Offer price proposed by Linamar amounts to 71.53 euros ($81.78) per share (in cash), representing a 15.5 percent premium compared to closing price of Montupet shares as of Oct. 14 Source text for Eikon: Further company coverage: ($1 = 0.8747 euros) (Gdynia Newsroom)