Brief: Handicare Group AB Says Board Unanimously Recommends Shareholders Of Co To Accept Offer By Savaria

Savaria

27/01/2021 21:52

Jan 27 (Reuters) - Handicare Group AB  HANDI.ST :
    * STATEMENT FROM THE BOARD OF HANDICARE GROUP AB IN RELATION
TO
THE PUBLIC CASH OFFER BY SAVARIA (SWEDEN) AB
    * BOARD OF DIRECTORS CONSIDERS THAT IMMEDIATE REWARDS OF
OFFER
REFLECT HANDICARE'S LONG-TERM FUTURE PROSPECTS
    * BOARD OF HANDICARE UNANIMOUSLY RECOMMENDS SHAREHOLDERS OF
HANDICARE TO ACCEPT OFFER BY SAVARIA
    * HANDICARE - SAVARIA HAS BEEN PERMITTED TO CARRY OUT A
CONFIRMATORY DUE DILIGENCE REVIEW OF HANDICARE IN CONNECTION
WITH PREPARATION OF OFFER
    * SAVARIA HAS COMMUNICATED THAT BID PRICE IS FINAL AND WILL
NOT BE
INCREASED
    * HANDICARE- SAVARIA HAS RECEIVED CERTAIN PRELIMINARY
FINANCIAL
INFORMATION CONCERNING HANDICARE'S Q4 OF 2020 AND AN OUTLOOK FOR
2021
    * HANDICARE GROUP - HANDICARE HAS RETAINED ROTHSCHILD & CO
AS
FINANCIAL ADVISER AND MANNHEIMER SWARTLING AS LEGAL ADVISER IN
RELATION TO OFFER

Source text for Eikon:  ID:nWkr9Q1MVn 
Further company coverage:  HANDI.ST 

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