Brief: Investment AB Arawak Makes Cash Offer To Shareholders In Ework Group AB

eWork AB

24/08/2020 07:13

Aug 24 (Reuters) - Investment AB Arawak:
    * INVESTMENT AB ARAWAK MAKES CASH OFFER TO SHAREHOLDERS IN
EWORK
GROUP AB
    * ARAWAK OFFERS SEK 70,26 PER SHARE IN EWORK
    * OFFER EVALUATES EWORK REMAINING SHARES TO ABOUT SEK 1.21
BILLION
    * MAKES OFFER FOR ALL SHARES IN EWORK GROUP AB
    * HOLDS DIRECTLY AND INDIRECTLY SHARES IN EWORK
CORRESPONDING TO
ABOUT 30.7% OF EWORK'S SHARE CAPITAL
    * OFFER EXPECTED TO RUN FROM ABOUT SEPT 24 AND EXPECTED TO
END
ABOUT NOV 4
    * OFFER REPRESENTS 2.1% PREMIUM COMPARED TO CLOSING PRICE ON
AUG
21
    * SALÉNIA AKTIEBOLAG AND INGO INVEST AB, WHICH CONTROLL
ARAWAK,
HAVE CONTRIBUTED THEIR RESPECTIVE SHAREHOLDINGS IN EWORK TO
ARAWAK

Source text: https://bit.ly/3goGmc7
Further company coverage:  EWRK.ST 

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