OEP 80 B.V. Releases Offer Prospectus for Cicor Technologies

On December 12, 2024, Cicor Group announced that OEP 80 B.V. published its offer prospectus for a mandatory offer to acquire all publicly held shares of Cicor Technologies Ltd. This follows OEP's conversion of its Mandatory Convertible Bonds, surpassing the offer threshold. The set offer price is CHF 55.17 per share, 7.12% below the last closing price at the SIX Swiss Exchange.

Cicor established a committee of independent board members to evaluate the offer. An independent fairness opinion by IFBC assessed a fair price range between CHF 92.02 and CHF 121.45 per share, significantly higher than the offer price. Consequently, Cicor's board does not recommend accepting the offer. Further details are in the board report available online.