(Updates with Hagemeyer 'no comment', share price)
AMSTERDAM (Thomson Financial) - Colam Entreprendre SA, which holds a controlling stake in Sonepar SA, has taken a 5.77 pct stake in Hagemeyer NV, according to filings with the Dutch stock markets regulator AFM.
Sonepar now holds a 5.77 pct stake with 5.77 voting rights, the AFM filing indicated.
The AFM said the obligation to report the holding arose on Oct 9.
Under Dutch law, shareholders are obliged to report a stake if it exceeds or falls below 5 pct or multiples of 5 thereafter.
The unlisted Sonepar placed a 4.25 eur-per-share indicative offer for Hagemeyer yesterday.
In response, Hagemeyer said the offer 'significantly undervalues the company', but added that it intends to meet with Sonepar to 'clarify its intentions.'
But a spokeswoman from Hagemeyer declined to comment today on the news that Sonepar has taken a stake in the company, also declining to say when Hagemeyer will meet with the French company.
At 9.49 am, Hagemeyer shares were 3.39 pct lower at 4.56 eur. The AEX was down 0.11 pct at 550.14 points. Aaron Gray-Block; aaron.gray-block@thomson.com agb/jms/agb/vlb COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
© 2007 AFX News
