EQT Private Equity secures 85.75 percent of all issued shares in takeover offer for va-Q-tec
EQS-News: Fahrenheit AcquiCo GmbH / Key word(s): Offer/Mergers & Acquisitions THE INFORMATION CONTAINED IN THIS DOCUMENT IS NOT FOR PUBLICATION, DISPATCH, DISTRIBUTION OR OTHER DISSEMINATION (IN WHOLE OR IN PART) IN COUNTRIES WHERE THIS WOULD BE ILLEGAL. EQT Private Equity secures 85.75 percent of all issued shares in takeover offer for va-Q-tec Frankfurt, 10 March 2023 – Fahrenheit AcquiCo GmbH (the “Bidder”), a holding company controlled by the EQT X fund (“EQT Private Equity”), supported by co-investors Mubadala Investment Company PJSC (“Mubadala”) and the Sixth Cinven Fund (“Cinven”), has secured 85.75 percent of all issued shares of va-Q-tec AG (“va-Q-tec”; ISIN: DE0006636681) in its voluntary public takeover for va-Q-tec (the “Takeover Offer”), including the shares held by va-Q-tec’s founding families. The additional acceptance period has ended on 7 March 2023. Closing of the Takeover Offer, which remains subject to receipt of the requisite merger control clearances, is currently expected to occur by Q2 2023. Following closing of the Takeover Offer, the Bidder intends to enter into a domination and profit and loss transfer agreement with va-Q-tec and to pursue a delisting of the company. It is intended that this year’s annual general meeting of va-Q-tec resolves on the approval of such domination and profit and loss transfer agreement. Media contacts German media inquiries: EQT Press Office: About EQT More info: www.eqtgroup.com About Mubadala More info: www.mubadala.com About Cinven More info: www.cinven.com About va-Q-tec More info: www.va-q-tec.com Important notice The Takeover Offer is implemented exclusively under the laws of the Federal Republic of Germany and certain applicable provisions of securities laws of the United States of America. Any agreement that is entered into as a result of accepting the Takeover Offer is exclusively governed by the laws of the Federal Republic of Germany and is to be interpreted in accordance with such laws. The Bidder reserves the right, within the limits of applicable law, to directly or indirectly acquire shares in va-Q-tec AG outside of the Takeover Offer, whether on or off the stock exchange. Any such purchases or arrangements will be made outside the United States and in compliance with applicable law. To the extent such acquisitions occur, information about them, including the number of, and the price for, the acquired shares in va-Q-tec AG will be published without undue delay, if and to the extent required under the applicable statutory provisions. The information in respect of the EQT X fund (EQT X) contained herein does not constitute an offer to sell, nor a solicitation of an offer to buy, any security, and may not be used or relied upon in connection with any offer or solicitation of EQT X. Any offer or solicitation in respect of EQT X will be made only through a confidential private placement memorandum and related documents which will be furnished to qualified investors on a confidential basis in accordance with applicable laws and regulations. The information in respect of EQT X contained herein is not for publication or distribution to persons in the United States of America. Any securities of EQT X referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold without registration thereunder or pursuant to an available exemption therefrom. Any offering of securities of EQT X to be made in the United States would have to be made by means of an offering document that would be obtainable from the issuer or its agents and would contain detailed information about the issuer of the securities and its management, as well as financial information. Any EQT X securities may not be offered or sold in the United States absent registration or an exemption from registration. 10.03.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | Fahrenheit AcquiCo GmbH |
c/o Milbank LLP, Maximilianstraße 15 | |
80539 München | |
Germany | |
EQS News ID: | 1579789 |
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