US EditionLego Family-Backed Nilfisk Gets $595 Million Takeover Offer From Freudenberg
10 Articles
10 Articles
The Danish company Nilfisk, which produces cleaning machines, may soon be in German hands. On Thursday, the company announced that the Freudenberg group has made a takeover offer. This is stated in a pre...
The German company Freudenberg has made a bid for Nilfisk, a Danish manufacturer of cleaning machines, Nilfisk announced in a press release.
The Germans' bid for Nilfisk values the Danish company at almost 3.8 billion kroner.
Freudenberg to acquire Nilfisk through an all-cash, Board-recommended offer at a premium of 35.9% against closing price yesterday, following a comprehensive and competitive strategic review
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Freudenberg to...
1Spatial shares surge on takeover approach
1Spatial has agreed the terms of a 73p per share cash takeover by VertiGIS, a portfolio company of Battery Ventures, valuing the AIM-listed location data specialist at approximately £87.1 million. The offer represents a 57% premium to the closing price of 46.5 pence on 11 December and a 51.5% premium to the three-month volume weighted […] The post 1Spatial shares surge on takeover approach appeared first on UK Investor Magazine.
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