Brief: Torqx Launches Recommended All-Cash Offer For Beter Bed Holding Shares - Acceptance Period Starts On 5 October 2023

Beter Bed Holding NV

04/10/2023 17:15

Oct 4 (Reuters) - Beter Bed Holding NV  BETR.AS :
    * REG-TORQX LAUNCHES RECOMMENDED ALL-CASH OFFER FOR BETER
BED
HOLDING SHARES - ACCEPTANCE PERIOD STARTS ON 5 OCTOBER 2023
    * OFFER PRICE OF EUR 6.10 (CUM DIVIDEND) PER SHARE REFLECTS
A
SIGNIFICANT PREMIUM OF APPROXIMATELY 107%.
    * BOARDS OF BETER BED HOLDING UNANIMOUSLY RECOMMEND
SHAREHOLDERS
TO TENDER THEIR SHARES.
    * NAVITAS, TESLIN AND DE ENGH HAVE IRREVOCABLY COMMITTED TO
OFFER
THEIR SHARES, REPRESENTING 44.32% OF SHARES

Source text for Eikon:  ID:nGNE6vd0Vg 
Further company coverage:  BETR.AS 

 ((Reuters.Briefs@thomsonreuters.com;))