Any guesses if Accountor will reach 90%?
Hard to imagine they wouldnât, 80% is already achieved.
This offer has indeed been prepared quite carefully, as stated in the boardâs statement:
âDuring 2024, the Company received several inquiries expressing interest in Heeros, and in this context, the Company also actively and confidentially contacted certain other parties that the Company identified as potential strategic partners for Heeros. As a result, during 2024, the Company received expressions of interest from several parties with whom it has held preliminary discussions, and also received preliminary non-binding offers for Heeros, including the offer made by KKR through the Offeror. During this process, the Company allowed the parties to conduct due diligence on Heeros. As a result of this process and the Heeros Boardâs assessment of other strategic alternatives available to Heeros, the Heeros Board has concluded that the Tender Offer announced by the Offeror is the most favorable option for the holders of the Companyâs Shares and Option Rights.â
Because of this preparation, a competing offer was never likely at any stage.
Therefore, I would consider the offerâs success to be very clear.
Goes through
And it seems that the Taimer Oy acquisition wasnât very successful in the end. From what I follow on LinkedIn, it seems many had to leave Heeros. This was supposed to bring in many small companies as customers, and probably also from abroad. Many raved about that deal, well, it was a cheap outfit (unless too many hand-waving bosses stayed on with big salaries).