This post was originally published on this site
Hercules BidCo’s offer provides for 21.50 euros per share, a 44% premium on Friday’s closing share price.
Hercules Bidco is controlled by financial investor Oaktree Capital and Cura Vermoegensverwaltung, which is owned by Alexander Otto. The entrepreneur already owns around one-fifth of the Hamburg-based Deutsche Euroshop.
($1 = 0.9436 euros)
