Dec 6 (Reuters) - Elbe BidCo AG, controlled by private
equity firm KKR, said on Friday it has signed a
delisting agreement with German wind and solar park operator
Encavis.
Applications for the revocation of the respective admission
of the Encavis shares to the regulated market are to be
submitted, the company said in a statement.
Elbe BidCo, which currently holds about 87.73% of Encavis
shares, offers 17.50 euros ($18.50) in cash for each Encavis
share.
The delisting offer will not be subject to completion
conditions, the company said.
($1 = 0.9457 euros)