Kinnevik bids to control the newspaper group Metro

On 6 February 2012, Swedish investment firm Kinnevik announced a recommended all cash offer to the shareholders and holders of warrants and an all cash offer to the holders of debentures in Metro International S.A. for all outstanding shares.

Kinnevik already controls half of Metro’s share capital and a majority of the warrants and debentures.

Metro produces newspaper for major cities in Europe, North America and Latin America.