Buhrmann to complete offer for ATG

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15 September 2006 — Amsterdam (NL): Buhrmann has received acceptances for 203,676,450 shares of Andvord Gjedde ASA (ATG), equivalent to 96 percent, according to the preliminary count.

 

A mandatory offer for all outstanding shares will now progress.

 

The Andvord family, who own a 39.9 percent of ATG’s ordinary shares, and the company’s senior management have pre-accepted Burhrmann’s offer for all of their shares and management options.

 

The transaction values ATG at NOK 2.18 billion ($347 million) or NOK 9.4 per share.