Announcement • Aug 20
Triton Fund 6 F&F No.3 Scsp, Triton Fund 6 F&F No. 2 SCSp, Triton Fund 6 F&F Scsp, Triton Fund 6 Scsp managed by Triton, Patrick Comer, Brett Schnittlich and Bolero Holdings SARL completed the acquisition of remaining 65.97% stake in Cint Group AB (publ) (OM:CINT).
Triton Fund 6 F&F No.3 Scsp, Triton Fund 6 F&F No. 2 SCSp, Triton Fund 6 F&F Scsp, Triton Fund 6 Scsp managed by Triton, Patrick Comer, Brett Schnittlich and Bolero Holdings SARL proposed to acquire remaining 65.97% stake in Cint Group AB (publ) (OM:CINT) for SEK 1.3 billion on April 27, 2026. A cash consideration of SEK 1.31 billion valued at SEK 5.6 per share will be paid by Triton Fund 6 F&F No.3 Scsp, Triton Fund 6 F&F No. 2 SCSp, Triton Fund 6 F&F Scsp, Triton Fund 6 Scsp, Triton and Bolero Holdings SARL. As part of consideration, SEK 1.31 billion is paid towards common equity of Cint Group AB (publ).
The transaction is subject to approval of merger agreement by target board, subject to antitrust regulations and approval by regulatory board / committee. The completion of the Offer is conditional upon, inter alia, the Offer being accepted to such extent that TriCarbs BidCo becomes the owner of more than 90% of the total number of outstanding shares in Cint. The deal has been unanimously approved by the board. The expected completion of the transaction is June 12, 2026. As of May 27, 2026, The Swedish Securities Council has today published a statement in which it concludes that the composition of the Consortium does not comply with the equal treatment principle as set out in Nasdaq Stockholm’s takeover rules. In response to the statement, the Bidder has announced that the Bidder will evaluate the statement and revert with further information once it has analyzed the potential consequences thereof. The Bidder has also confirmed that the Offer continues to apply in accordance with its terms and conditions, including the offer price and the timetable. As of June 2, 2026, the Bidder has decided to amend the underlying consortium agreement so that, going forward, only Triton Fund 6 and Bolero will form part of the Consortium carrying out the offer. The Bidder has decided to extend the acceptance period to June 22, 2026, and settlement of the offer is expected to be initiated on or around June 29, 2026. As of June 24, 2026, to allow for higher acceptance level in the Offer, TriCarbs BidCo has decided to extend the acceptance period until July 7, 2026. As of July 16, 2026, all conditions for completion of the Offer have been fulfilled. TriCarbs BidCo has decided to extend the acceptance period until July 29, 2026. As of July 29, 2026, the offer expired and TriCarbs BidCo owns or controls 347,322,429 shares, corresponding to 97.8 per cent of the share capital and votes in Cint. TriCarbs BidCo has initiated compulsory redemption proceedings under the Swedish Companies Act (Sw. aktiebolagslagen (2005:551)) in order to acquire all remaining shares in Cint. The last day of trading of Cint's shares on Nasdaq Stockholm is on August 7, 2026.
Carl Westerberg and Daniel Sveen of Gernandt & Danielsson Advokatbyrå KB acted as legal advisor to board of directors of Cint. Skandinaviska Enskilda Banken AB (publ) (OM:SEB A) acted as a financial advisor for Triton. Charlotte Levin and Rasmus Kindlund of Linklaters acted as legal advisor to TriCarbs BidCo and the Consortium. Bolero has engaged Advokatfirman Vinge KB as legal adviser in connection with the Offer.
Triton Fund 6 F&F No.3 Scsp, Triton Fund 6 F&F No. 2 SCSp, Triton Fund 6 F&F Scsp, Triton Fund 6 Scsp managed by Triton, Patrick Comer, Brett Schnittlich and Bolero Holdings SARL completed the acquisition of remaining 65.97% stake in Cint Group AB (publ) (OM:CINT) on August 18, 2026. The last day of trading in Cint shares on Nasdaq Stockholm was August 7, 2026.
