Devoteam co-founders launch takeover bid backed by KKR

The co-founders of French digital transformation giant Devoteam have launched a takeover bid to seize tighter control over the company. Co-CEOs and founders of Devoteam, Godefroy de Bentzmann and Stanislas de Bentzmann, have launched a tender offer of the firm's publicly owned shares. The offer values the business at €98 a-share, representing a 29.5 per cent premium over the volume weighted average share price over the last thirty trading days, and a 24.8 per cent premium over its last closing...