Emap agrees on £1bn B2B sale to Eden Bidco
24/12/2007
The boards of Eden Bidco and Emap have announced that they have reached agreement on the terms of a recommended cash acquisition to be made by Eden Bidco of the entire issued and to be issued share capital of Emap. Under the terms of the Acquisition, Emap Shareholders will receive 470 pence in cash for each Emap Share, paid by Eden Bidco, valuing the existing issued ordinary share capital of Emap at the time of completion of the Acquisition at approximately £1bn.
