SWM
SWM”), and the Directors of Scapa Group plc (“
Scapa”) are pleased to announce that they have reached agreement on the terms of a recommended cash offer by SWM Bidco for the acquisition of the entire issued and to be issued ordinary share capital of Scapa (the “
Offer”). The Offer is intended to be effected by means of a scheme of arrangement under Part 26 of the Companies Act (the “
Scheme”).
for each Scheme Share 210 pence in cash
The terms of the Offer value the entire issued and to be issued ordinary share capital of Scapa at approximately £402.9 million on a fully-diluted basis and represent premia of approximately:
IMPORTANT NOTICES
This announcement may not be published, distributed or transmitted in the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa, Switzerland or the United Arab Emirates, or in any other jurisdiction in which the distribution, release or publication would be restricted or prohibited. This announcement does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities of the Company (the Securities) in the United States or any other jurisdiction. The distribution of this announcement into jurisdictions may be restricted by law, and, therefore, persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with any such restrictions may constitute a violation of the securities laws of such jurisdiction.
an indirectly wholly-owned subsidiary of Schweitzer-Mauduit International, Inc.
to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006
Summary · The board of directors of AMS Holdco 2 Limited ( SWMBidco ), an indirectly wholly-owned subsidiary of Schweitzer-Mauduit International, Inc. ( SWM ), and the Directors of Scapa Group plc ( Scapa ) are pleased to announce that they have reached agreement on the terms of a recommended cash offer by SWM Bidco for the acquisition of the entire issued and to be issued ordinary share capital of Scapa (the Offer ). The Offer is intended to be effected by means of a scheme of arrangement under Part 26 of the Companies Act (the Scheme ).
SWM
SWM”), and the Directors of Scapa Group plc (“
Scapa”) are pleased to announce that they have reached agreement on the terms of a recommended cash offer by SWM Bidco for the acquisition of the entire issued and to be issued ordinary share capital of Scapa (the “
Offer”). The Offer is intended to be effected by means of a scheme of arrangement under Part 26 of the Companies Act (the “
Scheme”).
for each Scheme Share 210 pence in cash
The terms of the Offer value the entire issued and to be issued ordinary share capital of Scapa at approximately £402.9 million on a fully-diluted basis and represent premia of approximately:
Token Secures $15m Series B to Power Open Payments Across Europe
SBI Investment, Sony Innovation Fund by IGV and existing investors back Token to unlock new value in open banking digital payments
Leading open banking payments platform, Token, today announces $15m in Series B financing, welcoming investment from SBI Investment Co. Ltd. and Sony Innovation Fund by IGV as well as from existing investors Octopus Ventures, EQT Ventures and the venture arm of BNP Paribas, Opera Tech Ventures.
The capital enables Token to continue driving the shift from traditional payment methods to account-to-account payments by providing the fastest and simplest path to adoption for large merchants, PSPs and banking-as-a-service platforms.