Octopus Bidco AS announces that the change of control consent condition has been met for the recommended voluntary cash offer for all shares of Ocean Yield ASA
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The Offeror announces that the consents of the creditors under the Group’s financing agreements necessary for the closing of the Offer have been obtained. The condition for a change of control granted to the Offer is thus fulfilled.
Completion of the Offer remains subject to the completion or renunciation by the Offeror of the closing conditions of the Offer as defined in the Offer Document, other than the condition of consent to the change of control, the condition regulatory approval and the minimum acceptance condition (as announced as satisfied on the 12th and
Shareholders who wish to accept the Offer must complete and return the acceptance form which is included in the Offer Document by 4:30 p.m. hours to
The Offer Document is, subject to regulatory restrictions in certain jurisdictions, available at www.arctic.com and www.oceanyield.no
The offeror and KKR: BjÃ¸rn
KKR is a leading global investment firm with approximately
KKR has significant experience and deep roots in infrastructure investment. KKR Infrastructure currently manages more than
KKR believes that thoughtful management of environmental, social and governance (ESG) issues is an essential part of long-term success in a rapidly changing world. KKR was one of the first major investors in alternative assets to sign the
References to KKR’s investments in this announcement may include the activities of its sponsored funds and insurance subsidiaries.
The Offer is made to
In accordance with an exemption from Rule 14e-5 under the
(c) Decision 2021. All rights reserved., source