Soccer-Danish soccer club Brondby receives offer from Global Football Holdings

Broendbyernes IF Fodbold A/S

28/10/2022 13:48

Oct 28 (Reuters) - Danish soccer club Brondby IF said on
Friday that The US investor group Global Football Holdings (GFH)
have made a public offer to purchase shares in Brøndbyernes IF
Fodbold A/S  BIF.CO . 
    The offer price will be DKK 0.55 ($0.0736) per share.
Brøndbyernes I.F. Fodbold A/S engages in the provision of sports
and entertainment activities.
    Chairman of the board and majority shareholder, Jan Bech
Andersen, has given an advance commitment to accept the purchase
offer.
    GFH will become the new majority shareholder in the club,
with an ownership of just over 50% of the shares. Current
majority shareholder Jan Bech Andersen will continue as chairman
of the board.
    Andersen and GFH also said there would be no immediate
changes in Brøndby IF's management and other organisation.
($1 = 7.4765 Danish crowns)
 (Reporting by Tommy Lund in Gdansk, editing by Pritha Sarkar)
 ((TommyAlexander.Lund@thomsonreuters.com;))