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AGREEMENT FOR LAUNCH OF A RECOMMENDED ALL CASH OFFER OF NOK 35 PER SHARE TO THE SHAREHOLDERS OF KAHOOT! ASA
July 14th, 2023
  • Filed
    July 14th, 2023

Kahoot! ASA (“Kahoot!”) today announces an agreement for a recommended voluntary all cash offer from the Private Equity business within Goldman Sachs Asset Management, with co-investors General Atlantic FT B.V. (“General Atlantic”), KIRKBI Invest A/S (“KIRKBI”), Glitrafjord AS and certain other investors and management shareholders (“the Co-Investors”, and collectively with funds managed by Goldman Sachs Asset Management, the “Investors”), to acquire all issued and outstanding shares in Kahoot! (the "Shares") at a best and final offer price of NOK 35 per Share (the "Offer Price") (the "Offer"), representing an aggregate equity purchase price of NOK 17.2 billion.

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