Brief: Nielsen Postpones Court And Special Meetings Of Shareholders

Brookfield Business Holdings

09/08/2022 13:08

Aug 9 (Reuters) - Brookfield Business Corp  BBUC.N :
    * NIELSEN POSTPONES COURT AND SPECIAL MEETINGS OF
SHAREHOLDERS TO
PERMIT FINALIZATION OF PRELIMINARY AGREEMENT BETWEEN CONSORTIUM
AND WINDACRE
    * NIELSEN HOLDINGS PLC - NIELSEN AND CONSORTIUM REMAIN BOUND
BY
TERMS OF DEFINITIVE AGREEMENT TO GIVE EFFECT TO PROPOSED
TRANSACTION
    * NIELSEN HOLDINGS PLC - NIELSEN'S BOARD OF DIRECTORS HAS
MADE NO
CHANGE TO ITS RECOMMENDATION THAT ITS SHAREHOLDERS VOTE IN FAVOR
OF ALL OF PROPOSALS
    * NIELSEN HOLDINGS - UNDER PRELIMINARY AGREEMENT, WINDACRE
WOULD
JOIN CONSORTIUM WITH RESPECT TO A PORTION OF ITS SHARES AND
WOULD RECEIVE $28 PER SHARE
    * NIELSEN HOLDINGS PLC - MEETINGS HAVE BEEN POSTPONED TO
ALLOW
CONSORTIUM TO SEEK TO FINALIZE A PRELIMINARY AGREEMENT WITH
WINDACRE PARTNERSHIP LLC

Source text for Eikon:  ID:nPn67HxH7a 
Further company coverage:  BBUC.N