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Hansen Technologies Announces BGH Capital Withdraws Non-Binding Acquisition Proposal

06 Sep 2021  |  08:38:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: BGH Capital withdraws non-binding acquisition proposal

Hansen Technologies announced that it refers to its previous announcements in relation to a conditional and non-binding proposal from BGH Capital to acquire all of the outstanding shares in the Company by way of a scheme of arrangement for a price of $6.50 cash per Company share. BGH Capital has informed Hansen that it has decided to withdraw its unsolicited Proposal to acquire the Company. Accordingly, discussions with BGH Capital in relation to the Proposal have ceased and the Process and Exclusivity Deed between BGH Capital and the Company has been terminated.

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