Exclusive Networks: green light for proposed acquisition

(CercleFinance.com) - Exclusive Networks has announced that CD&R and Permira have obtained all necessary regulatory approvals for the proposed acquisition of a majority stake and the subsequent launch of a simplified tender offer (OPAS).


This majority shareholding, representing 66.7% of the cybersecurity group's capital and voting rights, will be acquired at a price of E18.96 per share, subject to the payment of an exceptional distribution of E5.29 per share.

Subject to the completion of the acquisitions, it is envisaged that the OPAS will be launched in January or February 2025. A squeeze-out will be requested if the legal conditions are met at the end of the offer.


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