Kildare Partners’s €730 Million voluntary recommended public cash tender offer for Technopolis

White & Case LLP has advised Technopolis plc on the €730 million voluntary recommended public cash tender offer for all of its shares by Kildare Partners.

Technopolis and Kildare Partners announced on August 28, 2018 that they have entered into a combination agreement under which Kildare will make a voluntary recommended public cash tender offer to acquire all issued and outstanding shares in Technopolis.

Nasdaq-listed Technopolis is a shared workspace business providing efficient and flexible offices and co-working spaces. Its services include workspace design, reception, meeting solutions, restaurants and cleaning. Its 17 campuses in six countries in the Nordic and Baltic Sea region host 1,600 companies employing 50,000 people.

Kildare Partners is a real estate investment firm, founded in 2013, that has raised more than €3.5 billion of discretionary, equity capital commitments from institutional investors including pension funds, endowment funds and sovereign wealth funds. Since its inception, Kildare Partners has acquired around €4.4 billion of real estate assets in the UK, Germany, the Netherlands, Ireland, Italy, Sweden, Norway, France, Portugal and Belgium.

The White & Case team which advised on the transaction was led by partner Petri Haussila (Picture) and included partners Timo Airisto, Petri Avikainen, Tanja Törnkvist (all Helsinki) and Jarlath McGurran (London), and associates Heidi Hietanen, Essi Lavikkala, Jon Termonen, Heidi Blomqvist, Artturi Puoskari, Asta Tukiainen (all Helsinki) and James Turner (London).

Involved fees earner: Petri Haussila – White & Case; Timo Airisto – White & Case; Petri Avikainen – White & Case; Jarlath McGurran – White & Case; Essi Lavikkala – White & Case; Jon Termonen – White & Case; Heidi Blomqvist – White & Case; Asta Tukiainen – White & Case; James Turner – White & Case; Heidi Hietanen – White & Case; Tanja Tornkvist – White & Case;

Law Firms: White & Case;

Clients: Technopolis PLC;