Carnegie acted as financial adviser to CVC in the SEK 32 billion EV public cash offer to Ahlsell’s shareholders

On 11 December 2018, Quimper AB (a company that has been or will be indirectly invested in by CVC Funds), announced a public cash offer to the shareholders in Ahlsell AB (publ) to tender all their shares in Ahlsell, admitted to trading on Nasdaq Stockholm, Large Cap (”Nasdaq Stockholm”), to Quimper. On 13 February 2019, Quimper announced that the Offer would be completed and that the initial acceptance period, which ended on 11 February 2019, would be extended and open until 27 February 2019.

The Offer is now completed. The shares tendered in the Offer at the end of the extended acceptance period on 27 February 2019, together with the shares already held or otherwise controlled by Quimper, and closely related parties, amount to in aggregate 420,204,749 shares in Ahlsell, corresponding to approximately 97.9 percent of the share capital and the voting rights in Ahlsell. Quimper has initiated compulsory acquisition of the remaining shares in Ahlsell. The last day of trading in the Ahlsell shares on Nasdaq Stockholm will be 6 March 2019.

Carnegie acted as financial adviser to CVC.