[ad_1]
MIG announced Thursday afternoon the signing of an agreement to sell shares of HYGEIA to HELLENIC HEALTHCARE and CVC and inform the investing public about the following. In particular, the announcement of the company states:
"Today, July 5, 2018, MIG received a new binding and unconditionally improved offer from" HELLENIC HEALTHCARE SA RL "(controlled by CVC Capital Partners (" CVC ")) to sell its full stake at the "DIAGNOSTIC AND THERAPEUTIC CENTER OF ATHENS HYGEIA" ("HYGEIA"), which represents (directly and indirectly) 215,189,466 shares and corresponds to 70.38% of the share capital of HYGEIA [19659002] The new price proposed Raised to € 0.95 per share and, as a result, the total transaction price of 204,429,933 million euros (corresponding to the sum of 290,455,814 million euros for 100% of the capital of HYGEIA).
At the extraordinary meeting of MIG, the Board of Directors considered the new proposal of "HELLENIC HEALTHCARE SA RL" already submitted a non-binding proposal of "G. APOSTOLOPOULOS HOLDINGS SA "with the presence and badistance of its financial advisor, Rothschild
It is recalled that the proposal of" G. APOSTOLOPOULOS HOLDINGS SA "was € 0.95 per share and was based on a non-binding financing proposal by HIG Capital International (" HIG "), the terms of which were not known APOSTOLOPOULOS HOLDINGS SA "has requested a period of 6 to 8 weeks for the financial and legal control of HYGEIA and an exclusivity of 2 months to obtain the final approvals.
On the contrary, the new proposal of HELLENIC HEALTHCARE SA RL and CVC is binding
After hearing the evaluation of the proposals by the financial advisor of the company and discussed all the details of the two proposals, the MIG unanimously decided to accept the enhanced proposal of the CVC and proceed immediately in its signing The transaction is subject to ratification by the General Assembly of MIG shareholders and approval of the Competition Committee
. MIG wants to express its thanks to the company "G. APOSTOLOPOULOS HOLDINS SA" for the interest and trust in the prospects of the health group that has shown throughout this period. "
[ad_2]
Source link
