Indoor air solutions company Purmon remains Project Grand Bidco has received information on Wednesday that the redemption committee of the Central Chamber of Commerce has appointed a three-member arbitration court for the arbitration procedure regarding the redemption of Purmo’s minority shareholders’ shares.
The arbitration court is chaired by a working life professor and a doctor of law Timo Kaisanlahti and as its members an independent arbitrator (independent arbitrator) by Mark Waini and a lawyer Niklas Lindström.
With the purchase offer completed in August, Project Grand Bidco owns 98 percent of Purmo’s shares, and Purmo is supposed to exit the stock market when the remaining shares are redeemed.
Project Grand Bidco is a US-based private equity giant Apollo and the previous main owner of Purmo, From Retigin family investment company Right The company established for the purchase of Purpo.
Source: www.arvopaperi.fi
