ABG Sundal Collier acted as financial advisor to EE Intressenter in connection with the public cash offer to the shareholders in Cherry

ABG Sundal Collier advised European Entertainment Intressenter BidCo AB (“EE Intressenter”) in connection with its recommended public cash offer to the shareholders in Cherry AB (publ), at a price of SEK 87 per share. The total offer value based on all shares of series A and B amounts to SEK 9,193 million.
 
EE Intressenter is jointly controlled by Bridgepoint Advisers Limited acting as managers for and on behalf of the limited partnerships comprising the Bridgepoint Europe VI Fund, Prunus Avium Ltd, Klein Group AS, Audere Est Facere AS, Pontus Lindwall, Berkay Reyhan and Can Yilanlioglu. Except for Bridgepoint, all members of the consortium are shareholders of Cherry. EE Intressenter does not own any shares in Cherry, whereas the members of the consortium owns approximately 47.4 percent of the shares and 37.9 percent of the votes.
 
The offer is fully financed through a combination of equity provided by Bridgepoint and the other members of the consortium and debt financing provided by Ares Management Limited. The independent bid committee of Cherry recommends the shareholders in Cherry to accept the offer.