/PRNewswire/ National law firm Wilson Elser announced today that it has expanded further in the Southeast, opening new offices in Raleigh, North Carolina,.
Applegreen Agrees EUR718 Million Takeover By Founders, Blackstone
Tue, 22nd Dec 2020 09:42
(Alliance News) - Applegreen PLC on Tuesday announced that it has agreed to a EUR718.1 million takeover offer made by the Causeway Consortium.
Applegreen operates a number of petrol stations in Ireland, the UK and the US.
The Causeway Consortium is a company owned by Blackstone Infrastructure Partners and B&J Holdings Ltd, which is wholly-owned by Applegreen founders Robert Etchingham and Joseph Barrett. B&J Holdings holds a 41% stake in Applegreen.
Under the acquisition s terms, Causeway will acquire Applegreen for EUR5.75 in cash - the same price touted earlier in December - being a 48% premium to the stock s closing price of EUR3.88 on December 9, the last business day before the publication of the possible offer announcement.
This profile originally appeared in the 2020-21 Giving Guide. Read the full magazine here.
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