Vencora UK Limited announces public tender offer for all publicly held shares of CREALOGIX Holding

Vencora, an indirect subsidiary of Constellation Software Inc. whose shares are listed on the Toronto Stock Exchange and CREALOGIX, a global leader in digital banking technology, jointly announced today that they have entered into a definitive transaction agreement, under which Vencora agreed to submit an all-cash public tender offer to acquire all publicly held registered shares of CREALOGIX for CHF 60 per share. Vencora published its pre-announcement of the offer today. The offer is conditional upon the receipt of regulatory clearances in certain jurisdictions and other customary conditions.

Lenz & Staehelin advises CREALOGIX in this transaction. The team includes partners Simone Ehrsam and Tino Gaberthüel (both M&A) and Astrid Waser (competition) as well as associates Lukas Held, Arnold Romero and Alexandra Vraca (all M&A) and Sandro Travaglini (competition).

Published: 16 November 2023