ABG Sundal Collier acted as financial advisor to Bridgepoint and the consortium in connection with the successful public cash offer to the shareholders in Cherry

ABG Sundal Collier acted as financial advisor to Bridgepoint and the consortium (together “EE Intressenter”), in connection with its successful public cash offer to the shareholders in Cherry AB (publ). The total offer value based on all shares of series A and B amounts to SEK 9.2 billion. The offer was declared unconditional on 29 January 2019 and the final acceptance period for the offer expired on 8 February 2019. The consortium controls approximately 98.2 percent of the capital and 98.7 percent of the votes.
EE Intressenter intends to initiate a compulsory acquisition procedure regarding the shares in Cherry that were not tendered in the offer and to promote a delisting of the shares of series B in Cherry from Nasdaq Stockholm.