NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
This announcement is not an offer for sale of shares in Bisnode Business Information Group AB (publ) ("Bisnode"). Shares in Bisnode have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act. Bisnode and the selling shareholders do not intend to register the securities or conduct a public offering in the United States.
Bisnode and its owners Ratos och Bonnier have decided to withdraw the IPO of Bisnode.
When the application period for the offering to subscribe for and acquire shares in Bisnode expired on 29 October the offering was not fully subscribed.
- Ratos CEO, Arne Karlsson, comments: "Despite a substantial interest from a large number of investors, primarily from the Nordic region, the offering was not fully subscribed. This is primarily due to the prevailing volatile market situation."
Ratos became a principal owner of Bisnode in 2005 when Ratos's associated company Infodata was merged with Bonnier Business Information. Since then, the company has strengthened its leading position in the European market with some twenty strategic acquisitions in Europe. 2006 sales amounted to SEK 3,293m and operating profit (EBITA) was SEK 528m. The company has almost 3,000 employees.
- "It is of course unfortunate that we did not succeed in completing the IPO for Bisnode. Obviously, this does not alter our positive view of the company and its future prospects. Now, together with Bonnier and the company's management, we will continue to develop Bisnode outside the stock exchange in order to create an even larger and more profitable company," says Ratos CEO Arne Karlsson.
For further information, please contact:
Arne Karlsson, CEO Ratos, +46 8 700 17 00
Clara Bolinder-Lundberg, Head of Corporate Communications Ratos, +46 8 700 17 63
Handelsbanken Capital Markets and UBS Investment Bank are acting for Bisnode, Ratos AB and Bonnier AB and no one else in connection with the sale and will not be responsible to any person other than Bisnode, Ratos AB and Bonnier AB for providing the protections afforded to clients of Handelsbanken Capital Markets and / or UBS Investment Bank nor for providing advice in relation to the sale.