Relesys: Copilot to acquire all shares at DKK 6.60/share - ABG
37% premium to date of strategic review, 8% discount to last close
Equates to '24e-'26e EV/ARR of 4.0-2.4x; within DKK 3.3-9.0 FVR
Requests removal from Nasdaq within 2-3 weeks
Copilot to acquire all shares at DKK 6.60/share
Relesys tonight announced a binding agreement with Copilot Capital Limited to acquire all outstanding shares in Relesys for DKK 6.60/share. This represents a 37% premium to the share price on the day Relesys launched its strategic review (21 September 2023) but an 8% discount to the last close of DKK 7.20/share.
Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/relesys/Equity-research/2024/4/relesys---copilot-to-acquire-all-shares-at-dkk-6.60share/