Recommended offer for DX Services plc by Mail Acquisitions Ltd (MAL)
The Boards of DX Services and MAL are pleased to announce the terms of a recommended cash offer by MAL to acquire the whole of the issued and to be issued share capital of DX Services. MAL is an English company, newly incorporated for the purposes of making the Offer, and is ultimately controlled by Candover Partners. The Offer will be 415 pence in cash for each DX Share and values the existing issued share capital of DX Services at GBP348.7 million. Conditional upon the Offer being declared unconditional in all respects, the MAL Group has also agreed to acquire the entire issued share capital of Secure Mail Services.
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