Arrowgrass Has Agreed to an Extension of Its Irrevocable Undertaking Regarding Its Holdings in Basware Corporation
The investment funds of Arrowgrass Capital Partners LLP (“Arrowgrass ”) hold, directly and indirectly, over 24 per cent of all shares and votes in Basware Corporation (“Basware ”), a Finnish listed company providing networked source-to-pay solutions and e-invoicing services. Arrowgrass refers to the announcements made by Basware on 16 November 2018, 20 November 2018 and 7 December 2018 with regard to a possible tender offer by Tradeshift Holdings Inc. (“Tradeshift ”) for Basware.
Arrowgrass announces that it has agreed, under certain conditions, to extend an irrevocable undertaking with Tradeshift to accept a tender offer by Tradeshift for Basware, should Tradeshift publicly announce its tender offer in accordance with applicable laws and regulations no later than 28 February, 2019.
Arrowgrass recognizes that Basware has emphasized in its announcements that the launch of the tender offer remains uncertain.
Arrowgrass Capital Partners LLP is a London headquartered alternative asset manager that was founded in February 2008. Currently, Arrowgrass manages the following four funds: Arrowgrass Master Fund Ltd., Arrowgrass Equity Focus Fund Limited, Arrowgrass Customised Solutions I Limited, and Arrowgrass Inflection Fund Limited.
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skriv dig op her, og modtag pressemeddelelser på e-mail. Indtast din e-mail, klik på abonner, og følg instruktionerne i den udsendte e-mail.
Flere pressemeddelelser fra Business Wire
CA-ANDERSEN-TAX19.4.2019 13:18:09 CEST | Pressemeddelelse
Andersen Global udvider tilstedeværelse i Afrika; Underskriver samarbejdsaftale i Sydafrikas økonomiske centrum
PSE19.4.2019 10:00:05 CEST | Pressemeddelelse
Process Systems Enterprise: gPROMS FormulatedProducts 1.4 Includes Enhanced Capabilities Linking Digital Design to Digital Operations
LOXAM19.4.2019 09:46:14 CEST | Pressemeddelelse
LOXAM Contributes to the Reconstruction of Notre Dame De Paris Cathedral
NY-INTERNATIONAL-FLAVORS18.4.2019 22:17:09 CEST | Pressemeddelelse
IFF to Release First Quarter 2019 Results May 6
CA-GILEAD-SCIENCES18.4.2019 22:07:08 CEST | Pressemeddelelse
Gilead Sciences to Release First Quarter 2019 Financial Results on Thursday, May 2, 2019
TX-ACELITY18.4.2019 15:02:13 CEST | Pressemeddelelse
KCI Files Registration Statement for Proposed Initial Public Offering
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter samt finde vores kontaktoplysninger.Besøg vores nyhedsrum