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BRIEF-Evry: Recommended cash offer by funds advised by Apax to acquire 100% of the shares of EVRY
December 8, 2014 / 6:23 AM / 3 years ago

BRIEF-Evry: Recommended cash offer by funds advised by Apax to acquire 100% of the shares of EVRY

Dec 8 (Reuters) - Evry ASA :

* Evry : recommended cash offer by funds advised by Apax to acquire 100 pct of the shares of Evry

* Says voluntary offer for all outstanding shares of 16.00 Norwegian crowns per share

* Says offer price represents a premium of 53 pct to volume weighted average share price for six month period up to Evry’s strategic process announcement on August 27, 2014

* Says shareholders representing about 73.85 pct of shares have undertaken to accept offer

* Says board of directors of Evry has unanimously decided to recommend company’s shareholders to accept offer

* Says upon offeror (Lyngen Bidco AS) completing offer, it will proceed with a mandatory offer for remaining shares in evry

* Says Lyngen Bidco AS (the “offeror”) will seek to have Evry shares delisted from Oslo Børs Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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