Agile Content, S.A. completed the acquisition of Edgeware AB (OM:EDGE) from Amadeus Capital Partners Limited, Volador AB and other shareholders.
November 23, 2020
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Agile Content, S.A. (BME:AGIL) made an offer to acquire Edgeware AB (publ) (OM:EDGE) from Amadeus Capital Partners Limited, Volador AB and other shareholders for approximately SEK 290 million on October 30, 2020. Under the terms of the transaction, Agile Content offers SEK 9.7 in cash for each share in Edgeware. Edgeware's three largest shareholders whose total shareholding in Edgeware corresponds to approximately 48.3% of the total number of outstanding shares and votes, including Amadeus Capital Partners and Volador AB have unconditionally undertaken to accept the offer. The completion of the offer is conditional on customary conditions, e.g. that Agile Content becomes the owner of shares representing more than 90% of the total number of outstanding shares in Edgeware (after full dilution). Agile Content has reserved the right to waive these and other conditions in accordance with the offer. The Board of Edgeware unanimously recommends the shareholders of Edgeware to accept the offer. The acceptance period for the offer is estimated to run from approximately November 2, 2020, until November 23, 2020, with reservations for possible extensions. As of November 25, 2020, Agile Content declares the transaction as an unconditional and will acquire all shares. Lenner & Partners Corporate Finance AB acted as fairness opinion provider, KANTER Advokatbyrå KB acted as legal advisor for Edgeware. Carnegie Investment Bank acted as financial advisor for Edgeware's Board of Directors. Marcus Nivinger of Setterwalls Advokatbyrå AB acted as legal advisor to Agile.
Agile Content, S.A. (BME:AGIL) completed the acquisition of Edgeware AB (publ) (OM:EDGE) from Amadeus Capital Partners Limited, Volador AB and other shareholders on November 24, 2020. As of November 24, 2020, Agile Content hold 27,128,823 shares in Edgeware, corresponding to approximately 90.3% stake and stated to de-list Edgeware's shares from Nasdaq Stockholm and that they intend to initiate proceedings for compulsory acquisition of the remaining outstanding shares in Edgeware. As of December 4, 2020, Agile Content requested compulsory acquisition of the remaining shares in Edgeware.
Agile Content SA is a Spain-based company primarily engaged in the provision of information technology (IT) services. The Company focuses on the development, distribution and promotion of IT platforms used in the production and editing of audiovisual, online and digital content, as well as in the provision of Web content management (WCM) services. Its solutions range comprises services and tools for audience resource management, multimedia editorial systems, smart publishing systems, smart delivery systems, and rich media experience, among others. The Companyâs customers include RBS Group, RTVE, el Periodico, Estadao, and el Universal, among others. Moreover, the Company has operation established in a number of regions, such as Latin America, North America, Europe, the Middle East and Asia.
AGILE CONTENT, S.A. 
