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Recommended all cash offer of € 22.20 per share (cum interim dividend) for VolkerWessels by Reggeborgh
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Recommended all cash offer of € 22.20 per share (cum interim dividend) for VolkerWessels by Reggeborgh
News
12 November 2019

Amersfoort/Rijssen, the Netherlands, 12 November 2019 – Reggeborgh Holding B.V. and VolkerWessels N.V. reached conditional agreement on a recommended public offer of € 22.20 (cum interim dividend) in cash for all VolkerWessels shares.

Reggeborgh has confirmed its full support for the long-term strategy of VolkerWessels. Both the Management Board and the Supervisory Board of VolkerWessels unanimously recommend the offer. They believe the offer is in the best interest of VolkerWessels and all its stakeholders. This recommendation is based on a thorough process where the independence of the decision making has been carefully safeguarded.

Public offer for VolkerWessels of € 22.20 (cum interim dividend) in cash per share

  • The offer price represents a premium of 25.4% over the closing price on 28 October 2019
  • Full support for VolkerWessels long-term strategy
  • Thorough process by independent members of Supervisory Board 
  • Management Board and Supervisory Board fully support and unanimously recommend the offer

 

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