Portfolio company news

All Group media enquiries should be directed to
Vanessa Maydon, Corporate Affairs Director.

Cinven Partners LLP
Warwick Court
Paternoster Square
London EC4M 7AG

 

Tel: +44 (0)20 7661 3325
Mob: +44 (0)7802 961 902
Email: Vanessa Maydon

Press releases

Coor
25 February 2016

Placing of shares in Coor Service Management Holding AB (“Coor”)

Today, 25 February 2016, Cinven, through the indirectly owned company Cinoor S.à r.l. (the "Shareholder"), is launching a placing of shares in Coor via an accelerated book-building process (the "Placing"). The Shareholder currently owns 33,083,842 shares, corresponding to a 34.5% stake in Coor, and aims to sell c. 17 million shares. The books for the Placing will open with immediate effect. The shares offered in the Placing will be sold in an accelerated bookbuild offering to international and Nordic institutional investors. The price of the shares will be decided by the Shareholder at the close of the book-building process. The Shareholder expects to announce the outcome of the Placing during the course of 26 February 2016 but reserves the right to close the books at any time.

Nordea Bank AB (publ) and UBS Limited are acting as Joint Bookrunners in connection with the Placing.