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BRIEF-KKR Exceeds Acceptance Threshold For Voluntary Public Takeover Offer For Encavis
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BRIEF-KKR Exceeds Acceptance Threshold For Voluntary Public Takeover Offer For Encavis
Jun 4, 2024 2:07 AM

June 4 (Reuters) - ENCAVIS AG:

* KKR EXCEEDS ACCEPTANCE THRESHOLD FOR VOLUNTARY PUBLIC

TAKEOVER

OFFER FOR ENCAVIS AG

* KKR - MINIMUM ACCEPTANCE THRESHOLD OF 54.285%1 WAS

EXCEEDED

WITHIN THE ACCEPTANCE PERIOD

* KKR - ADDITIONAL ACCEPTANCE PERIOD RUNS FROM JUNE 5, 2024

TO

JUNE 18, 2024

* KKR - ACCEPTANCE RATE IS 68.55 PERCENT OF ALL OUTSTANDING

SHARES

OF ENCAVIS AG

* KKR - AFTER COMPLETION OF TRANSACTION, KKR AND THE

MANAGEMENT

BOARD OF ENCAVIS INTEND TO CARRY OUT THE DELISTING OF ENCAVIS AS

SOON AS LEGALLY AND PRACTICALLY POSSIBLE

* KKR - THE COMPLETION OF THE TRANSACTION IS EXPECTED IN THE

FOURTH QUARTER OF 2024

Further company coverage:

(Gdansk Newsroom)

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