Examples of Bidco Board in a sentence
The Bidco Board is of the view that the Proposal also provides NBBL Shareholders with an opportunity to realise their investment in NBBL for cash during current poor market conditions and allows NBBL Shareholders the opportunity to invest such cash in other investment opportunities that they may consider more attractive.
The Bidco Board is of the view that, on a long-term basis, NBBL Group has strong fundamentals and good market potential and that Bidco can add long-term value to NBBL Group’s business by bringing to it CVC’s experience in developing companies under private ownership.
The Company Board and the Holdings Board will meet from time to time as determined by their respective Boards, on the same terms as set forth in this Section 2.02 for the Bidco Board.
In addition to the regular meetings contemplated by the foregoing sentence, special meetings of the Bidco Board may be called by the Chairman or any Initial Investor on no less than five Business Days’ prior written notice of the time, place and agenda of the meeting.
On 15 August 2019, the Bidco Board and the Independent Directors announced the terms of an offer to acquire the entire issued and to be issued share capital of Catalis.
It is also important that any risks associated with counterfeit production are mitigated.
As at the Latest Practicable Date, save as disclosed above, the Bidco Board has confirmed that no other person has irrevocably committed themselves to vote to approve or reject the Scheme.
In addition, the Bidco Board is of the view that the Proposal also provides NBBL Shareholders the opportunity to continue to participate in NBBL if desired through the election of the Private Holdco Shares Alternative.
On 19 August 2021 (the “Announcement Date”), the Morrisons Board and the Bidco Board announced that they had reached agreement on the terms of a recommended all cash offer by Bidco for the entire issued, and to be issued, share capital of Morrisons (the “CD&R Offer”).
Subject to the oversight of the Bidco Board, and subject to any agreements that may be entered into between Bidco or any of its Subsidiaries and Encore Parent or any of its other Subsidiaries in accordance with the provisions of this Agreement, management of the Company and Bidco and their Subsidiaries shall manage and operate the business of the Company and Bidco and their Subsidiaries (including the Target) separately from Encore Parent and its other Subsidiaries.