Kahoot! ASA (“Kahoot!”) today announces an agreement for a recommended voluntary all cash offer from the Private Equity business within Goldman Sachs Asset Management, with co-investors General Atlantic FT B.V. (“General Atlantic”), KIRKBI Invest A/S (“KIRKBI”), Glitrafjord AS and certain other investors and management shareholders (“the Co-Investors”, and collectively with funds managed by Goldman Sachs Asset Management, the “Investors”), to acquire all issued and outstanding shares in Kahoot! (the „Shares“) at a best and final offer price of NOK 35 per Share (the „Offer Price“) (the „Offer“), representing an aggregate equity purchase price of NOK 17.2 billion.
The Offer will be made by the Offeror and no one else