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You are here: Home / News / Private Equity Firm Seeks Delisting of Opus Group Shares

Private Equity Firm Seeks Delisting of Opus Group Shares

October 7, 2020 By CollisionWeek Editor

Firm formed by Searchlight Capital Partners and Opus CEO controls more than 90% of the publicly-traded shares.

Ograi BidCo AB announced it now controls of more than 90 per cent of the shares in Opus Group AB (publ) and is seeking a delisting of the firms share and initiate a compulsory redemption of the remaining shares.  The price paid in the transaction resulting in Ograi exceeding the 90 per cent threshold was SEK 10.70 ($1.19) per share. With just over 290 million shares outstanding, the price values the firm at more than $345 million.

Opus Group logoOpus is the parent of the

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Filed Under: News Tagged With: Acquisitions, Autologic Diagnostics, Drew Technologies, Opus Group AB, Sweden

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