12/19/2018 8:00 AM Ahlsell's independent bid committee appoints advisers
Following the public offer to shareholders of Ahlsell AB (publ), submitted by Quimper AB on December 11, 2018, the independent bid committee has appointed financial and legal advisers.
The bid committee has appointed Nordea Bank Abp, filial i Sverige, Advisory & ECM (“Nordea”) as financial adviser and Mannheimer Swartling Advokatbyrå AB as legal adviser. The advisers will assist the committee in its assessment of the offer, and Nordea will issue a fairness opinion to the independent bid committee.
The independent bid committee representing Ahlsell in connection with the offer consists of Ahlsell AB's Board members Satu Huber (Chair of the bid committee), Magdalena Gerger, Susanne Ehnbåge and Terje Venold. The bid committee will, in accordance with the regulations, announce its opinion on the offer no later than two weeks before the closing date for the acceptance deadline for the bid. The acceptance period for the offer is scheduled to start on or about 20 December 2018 and end on 11 February 2019.
For further information please contact: Satu Huber, Member of Board, Ahlsell AB and Chair of the independent bid committee
Karin Larsson, Head of IR and external communications
+46 8 685 59 24, email@example.com
Ahlsell is the Nordic region’s leading distributor of installation products, tools and supplies for installers, construction companies, facility managers, industrial and power companies and the public sector. The unique customer offer covers more than one million individual products and solutions. The Group has a turnover of just over BSEK 30 and is listed on Nasdaq Stockholm. About 97% of revenue is generated in the three main markets of Sweden, Norway and Finland. With about 5,800 employees, more than 230 branches and three central warehouses, we constantly fulfil our customer promise: Ahlsell makes it easier to be professional!
Press release, 19 December, 2018