Constellation Software Inc.: Cash offer for Bond International Software plc ("Bond")
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 06/30/16 -- Constellation Software Inc. (TSX: CSU) ("Constellation" or the "Company") today announced its firm intention to make a cash offer through a wholly owned subsidiary for all the issued share capital of Bond that Constellation and parties acting in concert with Constellation (the "CSI Group") do not currently own at a price of GBP 1.05 per ordinary share. The offer values the existing issued ordinary share capital of Bond at approximately GBP 44 million in aggregate.
The CSI Group collectively own 12,475,911 Bond Shares representing approximately 29.6 per cent of the existing issued ordinary share capital of Bond. In addition the CSI Group owns 100% of the non-voting convertible shares outstanding in Bond.
The offer, which will be formally made within 28 days, is conditional upon, amongst other things:
About Constellation Software Inc.
Constellation Software acquires, manages and builds vertical market software businesses.
Contacts:
Constellation Software Inc.
Jamal Baksh
Chief Financial Officer
(416) 861-9677
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Datum: 30.06.2016 - 05:45 Uhr
Sprache: Deutsch
News-ID 1444628
Anzahl Zeichen: 4044
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TORONTO, ONTARIO
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Software
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