European electric vehicle charging company Allego N.V. (ALLG) announced on June 17, 2024, that it entered into an agreement under which Meridiam will launch a tender offer for Allego, valued at $1.46 billion.
According to the agreement, Meridiam will offer Allego shareholders the option to tender their shares for $1.70 per share in cash, representing a premium of 131.29% to Allego’s last closing price as of June 14, 2024.