Warburg Pincus Announces Public Offer for Netfonds

Netfonds AG has formed a strategic alliance with Warburg Pincus and blau direkt, focused on enhancing growth in software and infrastructure for financial and insurance services. An investment agreement enables Warburg Pincus to make a public offer to acquire all Netfonds shares not currently owned by them for EUR 78.25 per share. This represents a significant premium compared to recent Netfonds share prices.

The partnership seeks to leverage combined expertise in technology and automation, creating a strong market position. Warburg Pincus, with its sector experience, aims to support sustainable growth. The boards of Netfonds support this offer, seeing it as an opportunity to realize shareholder value before delisting the shares from public trading.

Netfonds will maintain its operational independence within the new ownership structure. The offer is not subject to the German Securities Acquisition and Takeover Act, and a delisting offer is not required.