𝐇𝐢𝐬𝐭𝐨𝐫𝐲 𝐫𝐞𝐩𝐞𝐚𝐭𝐬 𝐚𝐬 𝐁𝐞𝐭𝐞𝐫 𝐁𝐞𝐝 𝐬𝐡𝐨𝐨𝐭𝐬 𝐮𝐩 𝟖𝟎%
It was only a few months back that we reported on Majorel being acquired leading to a spike in price of 40%.
Now on 10 July 2023 another takeover bid was announced:
Beter Bed Holding – the Netherlands’ largest sleep specialist in retail, wholesale and B2B – and Benelux investment firm Torqx Capital Partners are pleased to announce they have reached conditional agreement on an intended recommended all-cash public Offer for all issued and outstanding shares in the Company of EUR 6.10 (cum dividend) in cash per share.
The consideration represents a premium of approximately 107% to its closing price per share on 7 July 2023.
The offer values a 100% of the shares at approximately EUR 168 million.
Our clients are delighted of course as in both cases they were Buys in ACM-NL subscription service.
This also happened with:
Hunter Douglas in December 2021 (up 77%) and
Koninklijke Boskalis in March 2022 (up 26%)
If you want to find out more about becoming a delighted client don't hesitate to contact us.