Statement by the Board of Directors in relation to the withdrawal of the public offer from Greenoaks and Long Path
On 5 June 2024, Greenoaks Capital Partners and Long Path Partners (the “Bid Consortium”) announced, through Forseti III AB (“BidCo”), that their public offer (the “Offer”) to the shareholders of Karnov Group AB (publ) (“Karnov Group”) had only been accepted by shareholders representing 25.7 per cent of all shares in Karnov Group and that the acceptance period was extended to 14 June 2024. Today on 17 June 2024, BidCo announced that the Offer had only been accepted by shareholders representing 26.2 per cent of all shares in Karnov Group by the end of the extended acceptance period, and that