CGM Recommends Acceptance of CVC's Takeover Offer

CompuGroup Medical SE & Co. KGaA (CGM) has issued a joint statement urging shareholders to accept a voluntary takeover offer from CVC Capital Partners. The proposed price of €22.00 per share is deemed fair by Deutsche Bank and J.P. Morgan, who provided supporting fairness opinions. The company's leadership, including its Managing Directors, Administrative Board, and Supervisory Board, endorses the strategic partnership with CVC, viewing it as an opportunity to advance CGM's growth and innovation strategies.

Through thorough analysis, all governing bodies of CGM have confirmed that CVC’s intentions align with the company’s strategic goals. The proposal is expected to bolster investments in modern software and AI technologies. While the Gotthardt family members did not participate in the discussions, their separate statements express support for the offer. With a minimum acceptance threshold of 17% required, CGM plans to go private post-tender offer, seeking financial flexibility.