PARIS (Agefi-Dow Jones)–Renewable energy producer Albioma announced on Thursday that KKR’s tender offer (OPA) would be reopened from August 8 to September 9 at a price of 50 euros per share.
The group announced on Monday that the American fund held 83.44% of its capital and voting rights at the end of the first offer period.
KKR wants to obtain at least 90% of the capital in order to implement the compulsory delisting procedure.
Albioma also announced on Thursday the appointment of three representatives of the new shareholder to its board of directors, who will replace Frank Lacroix, Jean-Carlos Angulo and Bpifrance.
“In accordance with the investment agreement entered into on May 13, 2022, Bpifrance will be appointed as a member of the supervisory committee of Kyoto TopCo, an entity controlling Kyoto BidCo, the initiator of the offer which will control Albioma from the settlement-delivery of the offer on August 11, 2022,” Albioma said.
-Francois Schott, Agefi-Dow Jones; 01 41 27 47 92; [email protected] ed: LBO
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August 04, 2022 12:16 ET (16:16 GMT)