News
Barclays bids for Computerlinks
Matt Grainger Jul 10 2008, 2:33pm
Statement confirms management boards in favour of a takeover
The management and supervisory boards at Computerlinks have urged shareholders to accept a buyout offer from Barclays Private Equity.
In a statement, the boards have urged shareholders to accept the offer of €15.50 per share, saying that the offer was fair and that the takeover would have no impact on the future development of the firm.
The offer represents a 38.9 per cent mark up on the share price at closing on June 16th – the last trading day before the offer was made.
It was made to all shareholders in the company and is subject to 75 per cent acceptance rate.
Stephan Link co-founder of Computerlinks said: “Barclays Private Equity is the right partner to push ahead with our dynamic international growth. After having examined various strategic options, aside from the financial fairness of the offer, we are convinced by the fact that Barclays Private Equity is counting on every single employee in pursuing our course of growth.”
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