Business Services Industry
Matas shareholders accept bid from CVC Capital Partners - report
Nordic Business Report, June 27, 2006
NORDIC BUSINESS REPORT-27 June 2006-Matas shareholders accept bid from CVC Capital Partners - report(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
The shareholders of the Danish consumer chemicals retail chain Matas have reportedly accepted United Kingdom based investor CVC Capital Partners' DKK5.2bn bid for the chain.
The deal, which was put to a vote on Tuesday (27 June), was approved by two thirds of Matas' shareholders, reported the online edition of the Danish business newspaper Borsen.
One Danish krone (DKK) is worth approximately 0.09 British pounds (GBP).
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