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EG offered to acquire Carasent from Acapital Cara Holdco for €120m.

Synopsis

EG, information technology services provider, offered to acquire Carasent, a Norway-based technology company, from Acapital Cara Holdco, a Carasent's shareholder, for €120m. Carasent confirms that EG has made an approach to carry out due diligence with a view to making an offer, subject to acceptance in respect of at least 80% of all shares and other conditions. Carasent has let EG know that the board of directors will not be able to recommend an offer at NOK 20 per share.

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