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Green Giant Hunt: KKR Targets Encavis In $3B Takeover Play

Green Giant Hunt: KKR Targets Encavis In $3B Takeover Play

Green Giant Hunt:KKR 在 30 億美元的收購計劃中瞄準恩卡維斯
Benzinga ·  03/15 00:48

KKR & Co (NYSE:KKR) plans to launch a voluntary public takeover offer to all shareholders of Encavis AG (OTC:ENCVF) for an equity value of around €2.8 billion.

KKR&Co(紐約證券交易所代碼:KKR)計劃向Encavis AG(場外交易代碼:ENCVF)的所有股東提出自願公開收購要約,股權價值約爲28億歐元。

Elbe Bidco, an investment vehicle owned by KKR, plans to offer a cash consideration of €17.50 per Encavis share.

KKR旗下的投資機構易北河比德科計劃提供每股Encavis17.50歐元的現金對價。

This represents an attractive premium of 54% to the undisturbed closing share price and 33% to the undisturbed three-month volume-weighted average share price as of March 5, 2024.

這意味着截至2024年3月5日,與未受干擾的收盤股價相比上漲了54%,比未受干擾的三個月成交量加權平均股價高出33%。

Abacon Capital and other existing shareholders have signed binding agreements to sell around 31%, partly roll over Encavis shares to Bidco, and fully support the offer.

Abacon Capital和其他現有股東已經簽署了具有約束力的協議,將出售約31%的股份,將部分Encavis的股份展期給Bidco,並完全支持該提議。

Also, family company Viessmann will invest as a co-investor in the consortium led by KKR. The offer, subject to various Offer conditions, is projected to close in the fourth of 2024.

此外,家族企業維斯曼將作爲共同投資者投資由KKR領導的財團。該優惠受各種優惠條件的約束,預計將於2024年第四年結束。

Vincent Policard, KKR's Partner and Co-Head of European Infrastructure stated, "Unlocking the full potential of renewable energy requires expertise as well as substantial long-term capital. We are pleased that KKR's strategic investment will provide Erik with the necessary long-term financial resources at a pivotal time for the Company and position it to seize emerging opportunities and solidify its strength in the clean energy landscape Furthermore, it also contributes to fostering a more energy-independent Europe."

KKR合夥人兼歐洲基礎設施聯席主管文森特·波利卡德表示:“釋放可再生能源的全部潛力需要專業知識和大量的長期資本。我們很高興KKR的戰略投資將在公司的關鍵時刻爲Erik提供必要的長期財務資源,使其能夠抓住新興機會,鞏固其在清潔能源領域的實力。此外,它還有助於促進一個更加能源獨立的歐洲。”

Also Read: KKR Bets Big on E-Procurement: Snags mdf commerce In C$255M Cash Deal

另請閱讀: KKR在電子採購上大賭注:以2.55億加元的現金交易搶佔中密度纖維板業務

Bidco aims to boost growth in all segments of the Encavis and targets to reach 7 GW of installed capacity by year-end 2027, which is above the current target of 5.8 GW, with continued growth thereafter.

Bidco的目標是促進Encavis所有細分市場的增長,目標是到2027年底達到7吉瓦的裝機容量,高於目前的5.8吉瓦的目標,此後將繼續增長。

The deal is also subject to a minimum acceptance threshold of 54.285% at the expiry of the acceptance period, which ensures that Bidco will retain at least 50% of the shares at closing in case holders of the hybrid convertible bond decide to exercise their conversion rights during the transaction.

在接受期到期時,該交易還必須遵守54.285%的最低接受門檻,這確保了混合可轉換債券的持有人決定在交易期間行使轉換權的情況下,Bidco將在收盤時保留至少50%的股份。

As of FY23-end, KKR's cash and investments stood at $29 billion.

截至23財年末,KKR的現金和投資爲290億美元。

Price Action: KKR shares are trading lower by 0.83% at $97.14 on the last check Thursday.

價格走勢:在週四的最後一次支票中,KKR股價下跌0.83%,至97.14美元。

Photo via Shutterstock

照片來自 Shutterstock

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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