Oddo BHF - EXCLUSIVE NETWORKS SA (EXN) Exclusive Networks : Takeover bid by CDR-Permira at € 24.25 (€ 18.96 + special dividend), H1 results (broadly in line) relegated to second place

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Oddo BHF

Nicolas Thorez

Exclusive Networks : Takeover bid by CD&R-Permira at € 24.25 (€ 18.96 + special dividend), H1 results (broadly in line) relegated to second place

>Permira-CD&R consortium makes € 24.25/share buyout offer - This morning, the consortium made up of Permira (majority shareholder with 57% of Exclusive Networks' capital) and Clayton Dubilier & Rice (CD&R), with the support of the company's founder (9% of the capital), announced a firm takeover offer at a price of € 24.25 per share (acquisition of a majority block by the dedicated entity followed by a takeover bid for all outstanding shares), including an exceptional ...

24/07/2024 1 EN

Underlying

EXCLUSIVE NETWORKS SA

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FR0014005DA7 Euronext Paris France

Provider

Oddo BHF

Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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Analysts

Nicolas Thorez

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>Offre de rachat à 24.25 €/action par le consortium Permira-CD&R - Ce matin, le consortium composé de Permira (actionnaire majoritaire qui détient 57% du capital d’Exclusive Networks) et Clayton Dubilier & Rice (CD&R), avec le soutien du fondateur de la société (9% du capital), a annoncé une offre de rachat ferme au prix de 24.25 € par action (acquisition d’un bloc majoritaire par l’entité dédiée suivie d’une OPA sur la totalité des actions en circulation), intégrant ...

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CD&R et Everest UK HoldCo Limited, une entité contrôlée par les fonds Permira, forment un consortium en vue d'acquérir une participation majoritaire dans Exclusive Networks et déposer une offre publique d'achat obligatoire simplifiée

PARIS--(BUSINESS WIRE)-- Regulatory News: Exclusive Networks (Paris:EXN) : Proposition d'acquisition d'un bloc d'actions représentant 66,7% du capital social et 66,7% des droits de vote théoriques d’Exclusive Networks. L’acquisition du bloc sera suivie d’une offre publique d’achat obligatoire simplifiée portant sur les actions restantes d’Exclusive Networks au prix de 18,96€ par action, après paiement d’une distribution exceptionnelle de 5,29€ par action, représentant un total de 24,25€ par action. La transaction devrait intervenir au premier trimestre 2025 Le consortium, soutenu par l...

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Exclusive Networks : Takeover bid by CD&R-Permira at € 24.25 (€ 18.96 + special dividend), H1 results (broadly in line) relegated to second place

Exclusive Networks : Offre de rachat par CD&R-Permira au prix de 24.25 € (18.96 € + dividende exceptionnel). Résultats S1 (globalement en ligne) relégués au second plan.

CD&R et Everest UK HoldCo Limited, une entité contrôlée par les fonds Permira, forment un consortium en vue d'acquérir une participation majoritaire dans Exclusive Networks et déposer une offre publique d'achat obligatoire simplifiée

ODDO BHF Small & MIDCAP MORNING NEWS - 24/07/2024

Verallia : The bottle is half empty...or half full... – New target price of € 34 (vs € 40)

Verallia : La bouteille à moitié vide… ou à moitié pleine… – Nouvel OC de 34 € (vs 40 €)

What to make of the US industrial sector?

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