Freshfields advises a consortium consisting of PAI Partners SAS and Charles Jobson in respect of a public offer for all shares of Koninklijke Wessanen N.V.Freshfields Bruckhaus Deringer LLP advises a consortium consisting of PAI Partners SAS and Charles Jobson in respect of a public offer for all shares of Koninklijke Wessanen N.V., a European leader in healthy, organic and sustainable food. On 10 April 2019, parties announced to have reached a conditional agreement on a recommended public offer to be made by the consortium for the entire issued and outstanding share capital of Wessanen for EUR 11.50 in cash per share (cum dividend). This represents a total consideration of approximately EUR 885 million. PAI will hold approximately 62% and Charles Jobson approximately 38% in the consortium following completion.
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