Loading...
Loading...
air-liquide-begins-negotiations-with-lvl-medical
air-liquide-begins-negotiations-with-lvl-medical

Air Liquide begins negotiations with LVL Medical

0

Air Liquide is pursuing the development of its activities in the home healthcare sector and announces the beginning of exclusive negotiations with a view to acquiring 70.49% of LVL Médical Groupe SA’s (LVL Médical) share capital from the controlling shareholders at a price of €30.89 per share.

This transaction, once finalised, would enable Air Liquide to gain control of LVL Médical’s French activities, for an enterprise value of €316million.

This acquisition of a controlling stake in LVL Médical will be followed by a simplified public tender offer (and, possibly, by a compulsory squeeze-out) on the remaining LVL Médical share and subscription warrants, in accordance with applicable rules.

Prior to the acquisition by Air Liquide, LVLMédical’s German activities will be acquired by the Lavorel Family, which is the majority shareholder.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...
-->