Oct 3 (Reuters) - CVC Capital Partners PLC:
* WHITE MOUNTAINS TO SELL BAMBOO TO CVC
* TRANSACTION VALUES BAMBOO AT $1.75 BILLION
* WHITE MOUNTAINS WILL RETAIN AN APPROXIMATELY 15%
FULLY-DILUTED
EQUITY STAKE IN BAMBOO POST-CLOSING, VALUED AT $250 MILLION
BASED ON TRANSACTION
* WHITE MOUNTAINS EXPECTS TRANSACTION WILL RESULT IN GAIN OF
APPROXIMATELY $310 TO ITS BOOK VALUE PER SHARE
* TRANSACTION IS EXPECTED TO CLOSE BY END OF Q4 OF 2025
* WHITE MOUNTAINS EXPECTS TRANSACTION WILL RESULT IN NET
CASH
PROCEEDS OF APPROXIMATELY $840 MILLION
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(Gdansk Newsroom)