Update on the intended offer by Oak Leaf for D.E MASTER BLENDERS 1753 - All competition approvals obtained
(Thomson Reuters ONE) -
Update on the intended offer by Oak Leaf for D.E MASTER BLENDERS 1753
All competition approvals obtained
Full Press Release in PDF
Amsterdam / Haarlem, June 12, 2013 - Reference is made to the joint press
releases by Oak Leaf B.V. (the Offeror), a newly incorporated company that is
wholly owned by Joh. A. Benckiser led investor group, and D.E MASTER BLENDERS
1753 N.V. (DEMB) dated April 12, 2013, May 10, 2013 and June 6, 2013 in respect
of the intended public cash offer for all issued and outstanding ordinary shares
in the capital of DEMB at an offer price of ? 12.50 (cum dividend) for each DEMB
ordinary share (on a fully diluted basis), subject to customary conditions (the
Offer).
The Offeror and DEMB jointly announce that the Offeror has obtained regulatory
clearance from the European Commission and the Federal Antimonopoly Service of
Russia in connection with the intended Offer.
For more information
D.E MASTER BLENDERS 1753
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Contact Investor Relations Corporate Communications
Robin Jansen Michiel Quarles van Ufford
+31 20 558 1014 +31 20 558 1080
investor-relations(at)DEMB.com media-relations(at)DEMB.com
The Offeror
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Contact European Media: Hill+Knowlton US Media: Abernathy McGregor
Ingo Heijnen or Frans van der Grint Tom Johnson
+31 20 404 47 07 +1 212 371 5999
Important information for DEMB shareholders
The information in this press release is not intended to be complete and for
further information explicit reference is made to the offer memorandum, when
finally published. The offer memorandum will contain details of the intended
Offer.
This announcement is neither an offer to purchase nor a solicitation of an offer
to sell securities, including shares in DEMB. The public offer for the issued
and outstanding ordinary shares of DEMB described in this announcement has not
commenced. At the time the Offer is commenced, the Offeror will file a Tender
Offer Statement on Schedule TO with the SEC, and DEMB will file a
Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the
Offer.
The Tender Offer Statement (including an offer memorandum (containing
information required by the AFM as well as by the SEC), a related letter of
transmittal and other offer documents) and the Solicitation/Recommendation
Statement, as they may be amended from time to time, will contain important
information that should be read carefully before any decision is made with
respect to the Offer. Those materials and other documents filed or furnished by
the Offeror or filed or furnished by DEMB with the SEC will be available at no
charge on the SEC's web site at www.sec.gov. In addition, investors and
shareholders will be able to obtain free copies of these materials filed by DEMB
by contacting Investor Relations by mail at Oosterdokstraat 80, 1011 DK
Amsterdam, the Netherlands, by email at investor-relations(at)demb.com or by
telephone at +31 20 558 1015.
The distribution of this press release may in some countries be restricted by
law or regulation. Accordingly, persons who come into possession of this
document should inform themselves of and observe these restrictions.
To the fullest extent permitted by applicable law, the Offeror and DEMB disclaim
any responsibility or liability for the violation of any such restrictions by
any person. Any failure to comply with these restrictions may constitute a
violation of the securities laws in one or more of those jurisdictions. Neither
the Offeror, nor DEMB, nor any of their advisers assumes any responsibility for
any violation by any person of any of these restrictions. Any DEMB shareholder
who is in any doubt as to his/her position should consult an appropriate
professional adviser without delay.
Forward looking statements
This press release may include "forward-looking statements" and language
indicating trends, such as "anticipated" and "expected". Although the Offeror
and DEMB believe that the assumptions upon which their respective financial
information and their respective forward-looking statements are based are
reasonable, they can give no assurance that these assumptions will prove to be
correct. These statements are subject to risks, uncertainties, assumptions and
other important factors, many of which may be beyond the control of DEMB, and
could cause actual results to differ materially from those expressed or implied
in these forward-looking statements. Factors that could cause actual results to
differ from such statements include, but are not limited to: the occurrence of
any event, change or other circumstances that could give rise to the termination
of the Offer, the failure to receive, on a timely basis or otherwise, the
required approvals by government or regulatory agencies, the risk that an Offer
condition to the Offer may not be satisfied, the ability of DEMB to retain and
hire key personnel and maintain relationships with customers, suppliers and
other business partners pending the completion of the tender offer, and other
factors described in "Risk Factors" and "Forward Looking Statements" in DEMB's
Annual Report on Form 20-F for the fiscal year ended June 30, 2012 and reports
on Form 6-K thereafter. Neither the Offeror nor DEMB, nor any of their advisers
accepts any responsibility for any financial information contained in this press
release relating to the business or operations or results or financial condition
of the other or their respective groups.
# # #
About the Offeror
The Offeror is a member of a privately-held affiliated group of entities,
operating under the Joh. A. Benckiser ("JAB") trade name. JAB is focused on
very long term investments in companies with premium brands in the fast moving
consumer goods category. JAB's portfolio includes a majority stake in Coty
Inc., a global leader in beauty, a majority stake in Peet's Coffee & Tea Inc.,
a premier specialty coffee and tea company, a majority stake in Caribou Coffee
Company, Inc., a specialty retailer of high-quality premium coffee products
and a minority stake in Reckitt Benckiser Group PLC, a global leader in
health, hygiene and home products. JAB also owns a luxury goods company with
brands such as Jimmy Choo, Bally and Belstaff. In the ordinary course of its
business JAB examines potential investments in or acquisitions of companies in
the coffee and tea category and in the cosmetics and luxury goods category.
The assets of JAB are overseen by its senior partners, Peter Harf, Bart Becht
and Olivier Goudet.
About D.E MASTER BLENDERS 1753
D.E MASTER BLENDERS 1753 is a leading pure-play coffee and tea company that
offers an extensive range of high-quality, innovative products through well-
known brands such as Douwe Egberts, Senseo, L'OR, Pilão, Merrild, Moccona,
Pickwick and Hornimans in both retail and out of home markets. The company
holds a number of leading market positions across Europe, Brazil, Australia
and Thailand and its products are sold in more than 45
countries. D.E MASTER BLENDERS 1753 generated sales of more than ? 2.7
billion in fiscal year 2012 and employs around 7,500 people worldwide. For
more information, please visit www.demasterblenders1753.com.
Full Press Release in PDF:
http://hugin.info/152637/R/1709097/566375.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: D.E MASTER BLENDERS 1753 via Thomson Reuters ONE
[HUG#1709097]
Unternehmensinformation / Kurzprofil:
Datum: 12.06.2013 - 22:01 Uhr
Sprache: Deutsch
News-ID 269240
Anzahl Zeichen: 9262
contact information:
Town:
Amsterdam
Kategorie:
Business News
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