Brief: Clayton Dubilier & Rice Submits Binding Offer to Exclusive Networks
July 24 (Reuters) - Exclusive Networks SAS EXN.PA :
* RECEIVED BINDING OFFER FROM CLAYTON DUBILIER & RICE, IN
CONSORTIUM WITH ITS MAJORITY SHAREHOLDER PERMIRA
* OFFER PRICE OF EUR 18.96 PER SHARE
* OFFER TO ACQUIRE MAJORITY STAKE IN COMPANY, AND LAUNCH
SIMPLIFIED MANDATORY TENDER OFFER FOR 100%
* PROPOSES EXCEPTIONAL DISTRIBUTION OF EUR 5.29 PER SHARE
Further company coverage: EXN.PA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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