Announced
Completed
Financials
Tags
Privatisation
Netherlands
Household Equipment and Products
Acquisition
Public
Single Bidder
window blinds
Majority
Domestic
Friendly
Tender Offer
Completed
Synopsis
Bergson Holdings, a holding company owned and controlled by Mr. R. Sonnenberg, completed the acquisition of the remaining 14% stake in Hunter Douglas, a window blinds and coverings provider, for £450m. Following the offer, Bergson intends to delist Hunter Douglas and to commence statutory squeeze-out proceedings (uitkoopprocedure) in accordance with article 2:250 of the Curacao Civil Code. The outstanding preference shares in the capital of Hunter Douglas will either be redeemed or included in the squeeze-out proceedings.
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