No intention to make an offer
In brief · summary, not quotable
Arcline Investment Management announces it is not intending to make an offer for Senior plc.
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Arcline Investment Management LP ("Arcline") announces that it is not intending to make an offer for Senior.
This is a statement to which Rule 2.8 of the Code applies.
Under Note 2 on Rule 2.8 of the Code, Arcline reserves the right to set the restrictions in Rule 2.8 aside in the following circumstances:
| ● | with the agreement of the board of Senior; |
| ● | if a third party announces a firm intention to make an offer for Senior, including either of Advent International Limited (in its capacity as adviser to Advent International, L.P., the manager of and / or adviser to certain private equity funds) or the consortium comprising Tinicum Incorporated and Blackstone Private Investments Advisors L.L.C. (on behalf of certain of their respective affiliated investment funds or vehicles); |
| ● | if Senior announces a Rule 9 waiver (see Note 1 of the Notes on Dispensations from Rule 9 of the Code) or a reverse takeover (as defined in the Code); or |
| ● | if there has been a material change of circumstances (as determined by the Takeover Panel). |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.