- KKR voluntary public tender offer for GfK successful: minimum acceptance threshold of 18.54 percent of GfK shares reached
- Consummation of the transaction still subject to merger control
The shareholders of GfK SE (“GfK”) have accepted the voluntary public tender offer by Acceleratio Capital N.V., a holding company controlled by funds advised by Kohlberg Kravis Roberts & Co. L.P. (together with affiliates, “KKR”), by fulfilling the minimum acceptance condition of 18.54 percent of GfK shares outstanding. This represents a major step in the successful completion of this transaction. The acceptance period for the tender offer closed yesterday at midnight CET (24:00 CET). The consummation of the transaction is still subject to merger control. The GfK Verein remains the majority shareholder in GfK with 56.46 percent.
Gerhard Hausruckinger, Speaker of the Management Board and CCO: “We are very pleased that our shareholders accepted the offer from KKR. We now have strong partners at our side to implement our growth strategy quickly and consistently. Together, we will make GfK fit for the future and offer our clients outstanding products and solutions.”
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GfK SE, Corporate Communications
Corina Kirchner
Nordwestring 101
90419 Nuremberg
Germany
T +49 911 395 4570
Corina.Kirchner(at)gfk.com