BRIEF-Kin And Carta Says Final Offer Values Kin And Carta At About 220.3 Mln Stg


Reuters | Updated: 07-12-2023 13:30 IST | Created: 07-12-2023 13:30 IST
BRIEF-Kin And Carta Says Final Offer Values Kin And Carta At About 220.3 Mln Stg

Kin and Carta PLC: * INCREASED FINAL OFFER AND ADJOURNMENT OF MEETINGS

* CO, KELVIN UK BIDCO REACHED AGREEMENT ON TERMS OF INCREASED & FINAL RECOMMENDED CASH OFFER FOR CO * INCREASED AND FINAL RECOMMENDED CASH OFFER FOR KIN AND CARTA PLC

* UNDER TERMS OF INCREASED AND FINAL OFFER, SCHEME SHAREHOLDERS WILL BE ENTITLED TO RECEIVE: FOR EACH SCHEME SHARE 120 PENCE IN CASH * PROPOSED DEAL FOR ENTERPRISE VALUE OF £258 MILLION

* FINAL OFFER VALUES KIN AND CARTA AT APPROXIMATELY £220.3 MILLION ON A FULLY DILUTED BASIS Source text for Eikon: Further company coverage:

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