European private equity fund Bridgepoint, via Star Healthcare Oy (“Star Healthcare”), a newly incorporated Finnish limited liability company ultimately owned by Bridgepoint Europe IV, and Terveystalo Healthcare Oyj (“Terveystalo”) have today entered into a Transaction Agreement whereby Star Healthcare will make a public tender offer to purchase all of the issued and outstanding shares that are not owned by Terveystalo and option rights in Terveystalo (the “Tender Offer”).

Summary of the Tender Offer

• The price offered in the Tender Offer will be EUR 2.00 per share in cash, representing a premium of approximately 203.0 per cent compared to the closing price of the Terveystalo shares on NASDAQ OMX Helsinki Ltd. (“NASDAQ OMX Helsinki”) on 16 January 2009, the last trading day preceding this announcement.
• The Tender Offer values the issued share capital and option rights of Terveystalo at EUR 162 million
• Terveystalo shareholders representing in total approximately 51.8 per...