Offer and acceptance

REOPENING OF THE ACCEPTANCE PERIOD FOR THE VOLUNTARY UNCONDITIONAL TAKEOVER OFFER ON TELENET GROUP HOLDING NV STARTS ON 24 AUGUST 2023

Retrieved on: 
목요일, 8월 24, 2023
Technology, Mobile, Wireless, Telecommunications, 5G, Internet, Carriers and Services, Liberty Global, Treasury, Prospectus, Security (finance), Offer and acceptance, Telenet

The subsequent acceptance period will be opened at 9:00am CET on Thursday 24 August 2023 and will close on Wednesday 13 September 2023 at 4:00pm CET.

Key Points: 
  • The subsequent acceptance period will be opened at 9:00am CET on Thursday 24 August 2023 and will close on Wednesday 13 September 2023 at 4:00pm CET.
  • Shareholders who have not yet accepted the Offer will thus be able to accept the Offer in this period.
  • Since settlement of the initial acceptance period the free float of the Telenet shares has been limited to 6.57%2.
  • The re-opening gives investors who missed the initial acceptance period or those seeking additional liquidity the opportunity to still accept the Offer.

LIBERTY GLOBAL ACQUIRES 93.23% OF TELENET GROUP HOLDING NV AND WILL REOPEN ITS OFFER ON 24 AUGUST 2023

Retrieved on: 
수요일, 7월 19, 2023
Technology, Audio, Video, Telecommunications, Mobile, Wireless, 5G, Networks, Internet, Liberty Global, Treasury, EUR, Offer and acceptance, Prospectus, Security (finance), Auction, Telenet

During the initial acceptance period, which ended on 12 July 2023, 34,676,001 shares of Telenet were tendered.

Key Points: 
  • During the initial acceptance period, which ended on 12 July 2023, 34,676,001 shares of Telenet were tendered.
  • As a result, the Offeror will own a total of 101,018,038 shares of Telenet as from 26 July 2023 (the Payment Date).
  • The Offeror waives the condition of owning, together with Telenet, at least 95% of the outstanding shares in Telenet.
  • Shareholders who have not yet accepted the Offer will thus be able to accept the Offer in this period.

Update on the Regulatory Approvals of the Tender Offer: GF Announces Expiration of U.S. Hart-Scott-Rodino Waiting Period

Retrieved on: 
수요일, 7월 19, 2023
Offer and acceptance, UBS AG, Civil service commission, Tender offer, Share (finance), White & Case, Hart–Scott–Rodino Antitrust Improvements Act, Tender, Goldman Sachs, UBS, Mini-tender offer, Hill, White, GF, European Commission, Cryptocurrency, Financial adviser, Uponor, Nordea

GF announces the expiration of the applicable waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

Key Points: 
  • GF announces the expiration of the applicable waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.
  • The expiration of the waiting period in the U.S.is an important milestone in the Tender Offer and, consequently, with respect to regulatory approvals, the Tender Offer is now conditional only on the merger control approval from the European Commission.
  • UBS AG acts as financial advisor to GF in connection with the Tender Offer and Skandinaviska Enskilda Banken AB (publ) Helsinki Branch ("SEB") as local financial adviser to GF and arranger in connection with the Tender Offer.
  • In addition, GF has retained White & Case LLP as legal advisor in connection with the Tender Offer and Tekir Ltd as communication advisor.

Update on the Regulatory Approvals of the Tender Offer: GF Announces Expiration of U.S. Hart-Scott-Rodino Waiting Period

Retrieved on: 
수요일, 7월 19, 2023
Offer and acceptance, UBS AG, Civil service commission, Tender offer, Share (finance), White & Case, Hart–Scott–Rodino Antitrust Improvements Act, Tender, Goldman Sachs, UBS, Mini-tender offer, Hill, White, GF, European Commission, Cryptocurrency, Financial adviser, Uponor, Nordea

GF announces the expiration of the applicable waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

Key Points: 
  • GF announces the expiration of the applicable waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.
  • The expiration of the waiting period in the U.S.is an important milestone in the Tender Offer and, consequently, with respect to regulatory approvals, the Tender Offer is now conditional only on the merger control approval from the European Commission.
  • UBS AG acts as financial advisor to GF in connection with the Tender Offer and Skandinaviska Enskilda Banken AB (publ) Helsinki Branch ("SEB") as local financial adviser to GF and arranger in connection with the Tender Offer.
  • In addition, GF has retained White & Case LLP as legal advisor in connection with the Tender Offer and Tekir Ltd as communication advisor.

AGREEMENT FOR LAUNCH OF A RECOMMENDED ALL CASH OFFER OF NOK 35 PER SHARE TO THE SHAREHOLDERS OF KAHOOT! ASA

Retrieved on: 
금요일, 7월 14, 2023
Learning, ASA, Offer and acceptance, Private equity, NOT, AFRICA, FOR, Shareholder, Partnership, Sustainability Accounting Standards Board, Goldman Sachs, OR, AGM, Morgan Stanley, Oslo Stock Exchange, Android, IP, IOS, School, Datum (magazine), Student, EBITDA, Acquisition, Work, International investment agreement, CEST, Yoy, Growth, AI, General Atlantic, Ecosystem, NOK, ABG Sundal Collier, Film industry, Security (finance), Management, Tutoring, NEW ZEALAND, Kahoot!

OSLO, Norway, July 14, 2023 /PRNewswire/ -- Kahoot! ASA ("Kahoot!") today announces an agreement for a recommended voluntary all cash offer from the Private Equity business within Goldman Sachs Asset Management, with co-investors General Atlantic FT B.V. ("General Atlantic"), KIRKBI Invest A/S ("KIRKBI"), Glitrafjord AS and certain other investors and management shareholders ("the Co-Investors", and collectively with funds managed by Goldman Sachs Asset Management, the "Investors"), to acquire all issued and outstanding shares in Kahoot! (the "Shares") at a best and final offer price of NOK 35 per Share (the "Offer Price") (the "Offer"), representing an aggregate equity purchase price of NOK 17.2 billion.

Key Points: 
  • (the "Shares") at a best and final offer price of NOK 35 per Share (the "Offer Price") (the "Offer"), representing an aggregate equity purchase price of NOK 17.2 billion.
  • (excluding its members having a conflict of interest) (the "Board") has unanimously resolved that it has recommended the shareholders of Kahoot!
  • and our shareholders, and that the offer will benefit our employees, customers and partners.
  • Key highlights and summary of the Offer:
    The Shareholders will be offered NOK 35 in cash per Share.

Inside Information: Aliaxis Announces an All-cash Public Tender Offer for All Shares in Uponor Corporation

Retrieved on: 
월요일, 5월 22, 2023
Technology, Communications, Green Technology, Other Energy, Environment, Utilities, Alternative Energy, Energy, Urban Planning, Consulting, Professional Services, Building Systems, Other Natural Resources, Natural Resources, Other Manufacturing, Other Technology, Other Construction & Property, Sustainability, Commercial Building & Real Estate, Chemicals, Plastics, Construction & Property, Manufacturing, Public Relations, Investor Relations, BY, NOT, AFRICA, FOR, Tender offer, Share (finance), Person, Nasdaq Helsinki, EUR, Tender, Security (finance), Cryptocurrency, Risk management, Offer and acceptance, Uponor

Aliaxis announces a voluntary all-cash public tender offer for all the issued and outstanding shares in Uponor.

Key Points: 
  • Aliaxis announces a voluntary all-cash public tender offer for all the issued and outstanding shares in Uponor.
  • The tender offer is conditional on, among other things, an acceptance threshold of more than 50 percent of the outstanding shares in Uponor.
  • Aliaxis SA/NV (together with its direct and indirect subsidiaries, “Aliaxis”) hereby announces through its Finnish subsidiary Unari Holding Oy (the “Offeror”), a Finnish private limited liability company, a voluntary all-cash public tender offer for all the issued and outstanding shares in Uponor Corporation (“Uponor” or the “Company”) that are not held by Uponor or any of its subsidiaries (the “Shares” or, individually, a “Share”) (the “Tender Offer”).
  • The Offeror expects to publish a tender offer document (the “Tender Offer Document”) with detailed information on the Tender Offer on or about 20 June 2023.

Inside Information: Aliaxis, a Leader in Water Management Solutions, Announces a Non-Binding Intention to Make an All-Cash Public Tender Offer for Uponor Corporation

Retrieved on: 
월요일, 4월 17, 2023
Utilities, Energy, BY, NOT, AFRICA, FOR, Finnish Financial Supervisory Authority, Nasdaq Helsinki, EUR, Potential, Acquisition, Risk, Growth, R, Cryptocurrency, Risk management, Management, Security (finance), Marketing, Fine chemical, Offer and acceptance, Uponor

Such tender offer document would include all terms and conditions of the Potential Offer.

Key Points: 
  • Such tender offer document would include all terms and conditions of the Potential Offer.
  • The Potential Offer, if made, may only be accepted on the basis of said tender offer document.
  • There can be no guarantee that Aliaxis’ non-binding intention will eventually lead to the making of the Potential Offer.
  • These synergies could be achieved even if Aliaxis did not reach a 100 percent ownership of Uponor, which is fully reflected in the Potential Offer.

Regal Rexnord Announces Completion of Consent Solicitation and Termination of Change of Control Offer

Retrieved on: 
토요일, 2월 25, 2023
Association of Car Rental Industry Systems Standards, Bank, Asbestos, Public expenditure, Rexnord Corporation, Motion control, Security (finance), Ventilation, Altra, Amendment, COVID-19, Instability, Geographic Locator Codes, Change, Policy, Expiration date, Solicitation, Failure, Government, Heat, Tender offer, J. P. Morgan, Report, Expiration, Settlement date, Internet, Convention to propose amendments to the United States Constitution, Agreement, Offer and acceptance, Risk, Control, Climate change, Broker, Plan, Refrigeration, Information technology, Requisite organization, Issuer, HVAC, Privacy, Air conditioning, Consent, Note, Cryptocurrency, Property management, Indenture, Mergers and acquisitions

Because the Requisite Consents have been received and the Supplemental Indenture has been executed, the Offeror is terminating the Change of Control Offer.

Key Points: 
  • Because the Requisite Consents have been received and the Supplemental Indenture has been executed, the Offeror is terminating the Change of Control Offer.
  • J.P. Morgan Securities LLC ("J.P. Morgan") is acting as Dealer Manager for the Tender Offer and Consent Solicitation.
  • Questions regarding the Tender Offer and Consent Solicitation may be directed to J.P. Morgan at (212) 834-4045 (collect) or (866) 834-4666 (toll free).
  • No offer, solicitation or purchase will be made in any jurisdiction in which such an offer, solicitation or purchase would be unlawful.

Grindrod Shipping Holdings Ltd. Announces Unaudited Financial Results for the Three Months & Year Ended December 31, 2022

Retrieved on: 
수요일, 2월 15, 2023
GDP, Three Months, United States Shipping Board, Date, Ship, Offer, Compensation, EBITDA, GAAP, Audit, Offer and acceptance, Sale, Interim, FSP, JSE, ARC, Frisbee, TIA, Vulnerability and Risk Committee, GSH, Handymax, Growth, CNC, Committee, Lunar New Year, TMI, TCE, Airline, Cryptocurrency, Bank, Holding company, Semiconductor, Management

Vessel revenue was $81.2 million for the three months ended December 31, 2022 and $142.3 million for the three months ended December 31, 2021.

Key Points: 
  • Vessel revenue was $81.2 million for the three months ended December 31, 2022 and $142.3 million for the three months ended December 31, 2021.
  • Interest income was $1.4 million for the three months ended December 31, 2022 and $0.1 million for the three months ended December 31, 2021.
  • Interest expense was $5.3 million for the three months ended December 31, 2022 and $2.8 million for the three months ended December 31, 2021.
  • Unaudited Results for the Year Ended December 31, 2022 and 2021
    Revenue was $460.5 million for the year ended December 31, 2022 and $455.8 million for the year ended December 31, 2021.

Crayfish Bidco Oy, a Finnish company controlled by Triton Fund V, has announced a voluntary public cash tender offer for all the shares in Caverion Corporation

Retrieved on: 
화요일, 1월 10, 2023
MAKE, Tender offer, Rule, Offer and acceptance, HAD, FOR, Bank of America Corporate Center, Disclosure, SELL, LAW, WHEN, SAME, THIS, Financial Instruments and Exchange Act, Electric Bond and Share Company v. Securities and Exchange Commission, Tender, BY, OR, Judgement, Bank of America, Comment, SALES, EUR, AFRICA, OF, INTERNET, Bank, AND, NOT, Property management, Security (finance), Cryptocurrency, Financial adviser, Caverion, Share (finance)

Crayfish Bidco Oy, a Finnish company controlled by Triton Fund V ("Crayfish Bidco", the "Offeror"), has today announced a voluntary public cash tender offer for all the shares in Caverion Corporation, pursuant to which Crayfish Bidco proposes to acquire all issued and outstanding shares ("Shares") in Caverion Corporation ("Caverion") at an offer price of EUR 8.00 per share (the "Tender Offer").

Key Points: 
  • Crayfish Bidco Oy, a Finnish company controlled by Triton Fund V ("Crayfish Bidco", the "Offeror"), has today announced a voluntary public cash tender offer for all the shares in Caverion Corporation, pursuant to which Crayfish Bidco proposes to acquire all issued and outstanding shares ("Shares") in Caverion Corporation ("Caverion") at an offer price of EUR 8.00 per share (the "Tender Offer").
  • The Board of Directors will consider Crayfish Bidco's Tender Offer from the point of view of Caverion and its shareholders and will supplement its statement regarding the tender offer announced by North Holdings 3 Oy on November 3, 2022 in light of the Tender Offer announced by Crayfish Bidco.
  • The tender offer announced by North Holdings 3 Oy continues to be valid in accordance with its terms as set out in the tender offer document, dated November 24, 2022.
  • INVESTORS SHALL ACCEPT THE TENDER OFFER FOR THE SHARES ONLY ON THE BASIS OF THE INFORMATION PROVIDED IN A TENDER OFFER DOCUMENT.