The transaction values Hunter Douglas common stock at 175 euros ($ 198.21) per common share, the company said in a statement.
The ordinary share price represents a 73% premium over the closing price of the Hunter Douglas ordinary share on December 30, 2021, i.e. 101.40 euros, and a 64% premium over the closing price. the ordinary share of Hunter Douglas, which reached its highest level ever, ie 106.40 euros.
Hunter Douglas Group Co-Chairman and Co-CEO, David Sonnenberg, will become the Executive Chairman of the Board of Directors and Joo Castro Neves, Senior Partner of 3G Capital, is expected to assume the role of CEO of the company following the transaction. he clarified.
($ 1 = 0.8829 euros)