Eversheds Sutherland Ireland has advised Escher Group Holdings plc (“Escher”) on the recommended cash offer to be made by Exeter Acquisition Limited (“Hanover BidCo”) to acquire the entire issued and to be issued share capital of Escher.
The offer, announced on 8 February 2018, values the entire issued and to be issued share capital of Escher, an Irish plc listed on the AIM market on the London Stock Exchange, at approximately £34.80 million and £35.32 million on a fully diluted basis.