Kuoni announced today that the private equity house EQT has launched a cash public tender offer for all publicly held registered shares of Kuoni for a price of CHF370 per registered B share. The offer represents a premium 34% to the current 60-day average share price and a 60% premium to the average share price since the 5 January when Kuoni confirmed early-stage discussions with potential bidders. Should the deal be completed, Kuoni should be delisted between Q2 and Q3 2016.
02 Feb 2016
Kuoni is taken private by EQT
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Kuoni is taken private by EQT
Kuoni announced today that the private equity house EQT has launched a cash public tender offer for all publicly held registered shares of Kuoni for a price of CHF370 per registered B share. The offer represents a premium 34% to the current 60-day average share price and a 60% premium to the average share price since the 5 January when Kuoni confirmed early-stage discussions with potential bidders. Should the deal be completed, Kuoni should be delisted between Q2 and Q3 2016.