Bid for Vendex on the table

A bid for the acquisition of all outstanding Vendex shares has now been made. A consortium comprising Kohlberg Kravis Roberts & Co. L.P. (USA), Change Capital Partners L.L.P. (UK) and Alpinvest Partners N.V., which is in the possession of the Netherlands pensions investment companies ABP and PGGM, has made a bid of € 16 per share. Both supervisory board and board of management are positively disposed towards the bid and have entered into exclusive negotiations with the consortium, according to an announcement from the company. Both parties are expecting further information within two to three weeks.