BRIEF-Standard Industries launches squeeze-out at Braas Monier

* Says decided to exercise squeeze-out right at Braas Monier

* Says will acquire 687,331 Braas Monier shares not tendered in takeover offer

* Says squeeze-out price for Braas Monier 25.27 euros per share

* Says expects Braas Monier to be delisted shortlySource text: here Further company coverage

Source Reuters