Examples of Offeror Group in a sentence
Finco is the borrower under the PIK Facility Agreement and will lend funds which it receives pursuant to the PIK Facility Agreement to the Offeror in order to fund the cash consideration due in connection with the Acquisition (the "Offeror Group Loan").
Additional information in respect of the Offeror Group The Offeror Group is owned and controlled by Tosca Penta and was formed for the purpose of implementing the Acquisition.
The issue of Consideration Shares pursuant to the Alternative Offer will be subject to the Conditions and further terms set out in Appendix 1 to this Announcement and further details of the Alternative Offer, the Offeror Group and the rights attaching to the Consideration Shares are set out in Appendix 4.
None of the members of the Offeror Group has traded since the date of its incorporation nor entered into any obligations other than in connection with the Acquisition and its financing.
As at the date of this Announcement, the Offeror Group comprises the Offeror, Midco and Finco.