Stockholm-listed operator Cherry looks set to be acquired by European Entertainment Intressenter BidCo in the next week after the majority of the company’s shareholders approved the deal.
Cherry received a SEK9,193m takeover offer last month from EE Intressenter, a company jointly controlled by a consortium consisting of private equity firm Bridgepoint Advisers and a number of Cherry shareholders.
At the announcement of the SEK87 per share offer, members of the consortium owned 50,100,368 shares, corresponding to 47.4 [...]
