Nutreco and SHV have jointly announced that SHV Holdings intends to make a recommended public offer to acquire all outstanding shares in the capital of Nutreco at a cash offer price of EUR 40.00 per share. This offer values 100% of the outstanding Nutreco shares at approximately EUR 2.7 billion. The offer price represents a premium of 42% to the closing price on Friday 17 October 2014. SHV Holdings will finance the intended bid with cash from its own available resources.
The offer memorandum is expected to be published in the last quarter of 2014.
Lead partner: Bernard Roelvink
Team: Willem Bijveld, Jean Schoonbrood, Paul Sleurink, Mats Cornelisse, Evert-Jan Henrichs, Barbara van Duren-Kloppert