At an extra board meeting the same day the Board has decided to evaluate KappAhl's offer. The Board has engaged Handelsbanken Capital Markets as financial advisors and given them the commission to give the Board a fairness opinion and in connection also evaluate other alternatives.
The Board has further engaged the corporate law firm Vinge as legal advisors. As required by the Takeover Rules of the Stockholm Stock Exchange the Board of Lindex will during the coming weeks leave their recommendation to the Lindex shareholders.
”Since the offer is unsolicited the Board wants to make a thorough evaluation before we take a stand, not least given the present turbulence on the financial markets”, says Conny Karlsson, Chairman of the Board.
To ease the shareholder's decisions regarding the offer, Lindex Board will bring forward the announcement of the Year-End result from October 2 to September 14, 2007.
marketing@alchempro.com
