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Shareholder Alert: Ademi LLP investigates whether Allego N.V. has obtained a Fair Price for its Public Shareholders
AllegoAllego(US:ALLG) Prnewswire·2024-06-20 10:00

Core Viewpoint - Allego (NYSE: ALLG) is under investigation by Ademi LLP for potential legal violations related to its transaction with majority shareholder Meridiam, particularly concerning the tender offer and the board's conduct [1][2]. Group 1: Transaction Details - Allego shareholders will receive $1.70 in cash for each outstanding share of Allego common stock prior to the closing of the tender offer [2]. - Shareholders who do not tender their shares will remain investors in Allego after it is delisted, with Meridiam providing liquidity opportunities post-delisting [2]. - Meridiam has committed to organizing liquidity events for shareholders within 18 months after the delisting and again before December 31, 2027 [2]. Group 2: Board Conduct Investigation - The investigation focuses on whether Allego's board of directors is fulfilling their duties to all shareholders and conducting the tender offer appropriately [2]. - Allego insiders are expected to receive substantial benefits as part of the change of control arrangements [2].