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Clifford Chance advises Teslin as co-investor in the recommended EUR 140.6 million all-cash public offer for all shares in ICT Group

5 March 2021

Clifford Chance advises Teslin as co-investor in the recommended EUR 140.6 million all-cash public offer for all shares in ICT Group

Clifford Chance has advised Teslin on the recommended all-cash public offer by a consortium consisting of NPM Capital as lead investor and Teslin as co-investor for all of the issued and outstanding ordinary shares in ICT Group at an offer price of EUR 14.50 per share. The offer represents a total consideration of approximately EUR 140.6 million. For more information, please click here.

ICT Group is a leading European industrial technology solutions provider. ICT Group is listed on Euronext Amsterdam and has a presence in the Netherlands, Belgium, Bulgaria, France, Germany and Sweden.

The Clifford Chance deal team consists of Jan-Hendrik Horsmeier, Tim Heerschop and Sophie Riemer. Mark-Jan Arends and Laura Stegeman from the Clifford Chance notarial team are involved on the notarial aspects of this transaction.