(Finance) – The Managing Directors, the Administrative Board and the Supervisory Board of CompuGroup Medicala German multinational e-health company, have recommended that shareholders accept the offer voluntary takeover bid (OPA) of the private equity giant CVC Capital Partners.
Management is confident that CVC’s commitment to fully support the current growth strategy of CompuGroup Medical will further the company’s focus on significantly investing in modern cloud-based software products, data-driven AI technology and improving customer success.
Furthermore, the price offer of 22 euros per share is considered “fair and adequate“. Deutsche Bank And JP Morgan have provided fairness opinions which confirm the fairness of the offer price from a financial perspective.
The offer is subject to a minimum threshold of acceptance of 17% and under the usual regulatory conditions, including antitrust authorizations. Upon completion of the offering and together with the shareholders of the founding Gotthardt family, the strategic partners will own at least 67% of all shares.
Following the completion of the tender offer, CompuGroup Medical management and CVC agreed to take the company private through a tender offer. delistingexpected in due time after the closing of the public takeover offer.