{"id":76605,"date":"2022-07-25T15:00:30","date_gmt":"2022-07-25T13:00:30","guid":{"rendered":"https:\/\/www.converter.it\/?p=76605"},"modified":"2022-07-25T15:54:51","modified_gmt":"2022-07-25T13:54:51","slug":"public-tender-offer-for-bobst-group-sa-by-its-largest-shareholder-jbf-finance-sa","status":"publish","type":"post","link":"https:\/\/www.converter.it\/en\/public-tender-offer-for-bobst-group-sa-by-its-largest-shareholder-jbf-finance-sa\/","title":{"rendered":"Public tender offer for Bobst Group SA by its largest shareholder, JBF Finance SA"},"content":{"rendered":"

JBF Finance SA, Buchillon, Switzerland (\u201cJBF\u201d) has announced a public tender offer for all publicly held shares of Bobst Group SA.<\/a> JBF is Bobst Group\u2019s largest shareholder and already holds approximately 53% of the shares and voting rights in the company.<\/strong><\/em><\/p>\n

\"\"JBF has announced that it will pay CHF 78.- in cash per Bobst Group share, which represents a premium of 22% compared to the average price of the last four weeks. The offer is not subject to substantial conditions. Following completion of the offer, JBF expects to be able to take Bobst Group private through a delisting of its shares from SIX Swiss Exchange to allow the company to focus on long-term and sustainable growth. The pre-announcement of the offer is available at https:\/\/investors.bobst.com\/tenderoffer\/<\/a>. The offer prospectus is expected to be published on the same website page, on or around 5 September 2022.<\/p>\n

This offer will give the company the appropriate conditions to deploy a long-term strategy, to execute its digital transformation, and to maintain its strong Swiss industrial activities.<\/p>\n

Transaction highlights include:<\/strong><\/em><\/p>\n