ABG Sundal Collier acted as financial advisor to J2A Holding in connection with its successful public cash offer to the shareholders in Arkil Holding. The total value based on all shares of series A and B amounts to DKK 723m. The offer was announced on 24 April 2019 and the acceptance period for the offer expired on 27 May 2019. Following the completion of the public offer J2A Holding controls approximately 94.50% of the capital and 97.48% of the votes (net of treasury shares). J2A Holding has initiated compulsory redemption procedure regarding the shares that were not tendered in the offer and will carry through a delisting of the shares of series B from Nasdaq Copenhagen.
About Arkil Holding
Arkil Holding is Denmark's third-largest contracting company and carries out large-scale infrastructure projects in Denmark and Northern Europe. The company has approx. 1,800 employees and annual revenues of around DKK 3.3 billion.