March 19 (Reuters) - Michelin:
* CIE GEN ETA.MICHELIN - OFFER FOR FENNER PLC
* RECOMMENDED CASH ACQUISITION OF FENNER PLC BY COMPAGNIEGÉNÉRALEDES ÉTABLISSEMENTS MICHELIN SCA
* EACH SCHEME SHAREHOLDER WILL RECEIVE
* ?FENNER SHAREHOLDERS WILL BE ENTITLED TO RECEIVE , RETAINAPROPOSED INTERIM DIVIDEND OF NO MORE THAN
* ?PRICE OF
* ?DIRECTORS OF FENNER CONSIDER TERMS OF ACQUISITION TO BEFAIRAND REASONABLE?
* ?FENNER DIRECTORS INTEND TO RECOMMEND UNANIMOUSLY THATFENNERSHAREHOLDERS VOTE IN FAVOUR OF SCHEME AT COURT MEETING?
* ?HAS RECEIVED IRREVOCABLE UNDERTAKINGS TO VOTE IN FAVOUROFSCHEME FROM 0.45 PER CENT. OF EXISTING ISSUED ORDINARY SHARECAPITAL OF FENNER?Source text for Eikon:Further company coverage:(Reuters.Briefs@thomsonreuters.com)