OEP 80 B.V. Announces Mandatory Offer for Cicor Technologies

On December 9, 2024, Cicor Group confirmed that OEP 80 B.V. issued a pre-announcement for a mandatory offer targeting the public shares of Cicor Technologies Ltd. This move follows OEP's conversion of its Mandatory Convertible Bonds, surpassing the threshold for such an offer.

The proposed offer stands at CHF 55.17 per share, marking a 7.12% decrease from the last recorded closing price on the SIX Swiss Exchange. The official prospectus is expected to be released around December 12, 2024. More information can be found at cicor-offer.ch.

Based in Bronschhofen, Cicor Group, listed under CICN on the SIX Swiss Exchange, specializes in electronic solutions spanning research, development, and supply chain management. With 3,350 employees across 20 locations, it serves major sectors including medical, industrial, and aerospace & defence.