Brief: CD&R, Permira Acquire Block Of 66.7% Of Exclusive Networks’ Share Capital

Exclusive Networks SAS

17/12/2024 17:38

Dec 17 (Reuters) - Exclusive Networks SAS  EXN.PA :
    * CD&R AND PERMIRA ANNOUNCE THE ACQUISITION OF A BLOCK OF
66.7% OF
EXCLUSIVE NETWORKS’ SHARE CAPITAL AND THE SUBSEQUENT LAUNCH OF A
SIMPLIFIED TENDER OFFER FOR 100% OF EXCLUSIVE NETWORKS’ SHARE
CAPITAL
    * CD&R AND PERMIRA ACQUIRE 66.7% OF EXCLUSIVE NETWORKS
    * ACQUISITIONS COMPLETED AT €18.96 PER SHARE
    * TENDER OFFER EXPECTED TO OPEN IN FEBRUARY 2025
    * BIDCO TO FILE TENDER OFFER FOR REMAINING SHARES AT €18.96
PER
SHARE

Source text:  ID:nBwc2mKya 
Further company coverage:  EXN.PA 

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