On 15 December 2016 Axfood Aktiebolag (publ) (“Axfood”) announced a cash offer to the shareholders of Matse Holding AB (publ) (“Matse”) to acquire all of the shares in Matse (“the Offer”).
On 25 January 2017 Axfood communicated that the Offer had been accepted to such extent that Axfood, after executing the Offer, together with shares that Axfood acquired outside of the Offer, will hold approximately 98.8% of the shares in Matse. At the same time, Axfood declared that the Offer will be executed.
On 30 January 2017 Axfood reported on the payment to the shareholders that accepted the Offer. Axfood has hereby completed the Offer.
As previously communicated, Axfood intends to initiate compulsory redemption proceedings in accordance with the Swedish Companies Act for the purpose of acquiring the remaining shares in Matse and to promote a delisting of Matse’s shares from Nasdaq First North.
For previous information about the Offer, see: http://investor.axfood.se/?p=disclaimer&s=201612EN&lang=en
Related media
Axfood aspires to be the leader in affordable, good and sustainable food. Our family of companies includes the store chains Willys and Hemköp as well as Tempo and Handlar’n. B2B sales are handled through Snabbgross, and our support company Dagab is responsible for the Group’s product development, purchasing and logistics. The Axfood family also includes Middagsfrid and Urban Deli as well as the partly owned companies Apohem, Eurocash and City Gross. Together the Group has more than 13,000 employees and sales of approximately SEK 80 billion. Axfood has been listed on Nasdaq Stockholm since 1997, and the principal owner is Axel Johnson AB. Read more at axfood.com.