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The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Orkla seeks to acquire Finnish Kotipizza
November 22, 2018

Orkla has today signed a combination agreement to launch an offer to purchase all shares in Kotipizza Group, the owner of Finland's largest chain of pizza restaurants. The offer price is EUR 23 per share, which values Kotipizza Group's equity at app. EUR 146.1m. Kotipizza Group has app. 100 FTEs and LTM revenue and EBITDA of EUR 89.6m and 7.1m, respectively, corresponding to an EV/EBITDA (LTM) of 21.7x.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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