The Board of Vukile confirms that it has not had any discussions with the Consortium with regards to the potential transaction, and that as 28.7% owner of Lar España through Castellana, will review the proposed offer in detail and analyse its various strategic alternatives.
BofA Securities and Linklaters are acting as financial and legal advisor respectively to Castellana and Vukile.
Further announcements will be made in due course as appropriate.
