Investment group makes €775m offer for medical supplies group Mediq
Monday 24 September 2012
Investment company Advent has made a bid to take over Dutch medical supplies group Mediq for €13.25 a share, a 50% premium on Friday’s close.
Two Mediq shareholders, which represent over 20% of the shares between them, have already backed the bid, the Volkskrant said. The bid is also supported by Mediq’s management and supervisory boards.
Advent has agreed that Mediq’s headquarters will remain in Utrecht and ‘no jobs will go as a direct consequence of the takeover,’ Mediq said.
The company concluded last year the best long term strategy for the group is to delist and continue as a private concern.