Marc Coucke and Philippe Vlerick Own 93 Percent of Smartphoto, Bid Reopened

Entrepreneurs Marc Coucke and Philippe Vlerick hold 93.15 percent of the shares of Smartphoto after their public takeover bid. This was reported by the listed company from Wetteren, active in personalized photo products, in a press release. The bid will now be reopened with an additional period because they do not reach 95 percent.

08:59 Marc Coucke and Philippe Vlerick must reopen their takeover bid for Smartphoto after too few shares were offered in the first round.