Company announcement 4/2019 – AX IV EG Holding I
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Posted On: 04/03/2019 10:00:33 AM
Company announcement 4/2019 – AX IV EG Holding III ApS
Sale of EG
Copenhagen, 3 April 2019 – EG (OMX: AX IV EG Holding III ApS) announced today that the majority owner Axcel has reached an agreement to sell EG and indirectly the shares in AX IV EG Holding III ApS to Francisco Partners for DKK 3.7 billion.
The completion of the sale is conditioned upon approval from the Danish Consumer and Competition Authorities.
The completion of the sale will result in a change of control with respect to AX IV EG Holding III ApS issued bonds, the consequences are outlined in the bond documentation. The issued bonds are expected to be fully redeemed.
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