Accell Group Acquisition Declared Unconditional
The €1.56 billion ($1.64 bb) acquisition by a consortium led by affiliates of Kohlberg Kravis Roberts & Co. is a go, despite not quite reaching the 80% acceptance threshold. As of June 9, 77.8% of Accell shares had been tendered, but the consortium decided that was good enough, waived the acceptance threshold, and declared the €58 per share buyout unconditional. As ... Log in to view full article.
