HAMBURG (dpa-AFX) - The US financial investor KKR wants to take over the Hamburg-based wind and solar park operator Encavis. A consortium led by KKR is offering Encavis shareholders 17.50 euros per share, the company announced on Thursday morning. The family-owned company Viessmann is also involved as a co-investor. Binding agreements have been reached with anchor shareholders of Encavis, who hold almost a third of the company, it added. The Encavis management bodies have approved the investor agreement and are in favor of the offer, according to the press release.

The purchase price offered represents a premium of 54 percent for Encavis investors compared to the closing price on March 5. The following day, the Hamburg-based company confirmed negotiations on a possible takeover by the US financial investor. The Bloomberg news agency had previously reported on the existing interest.

The takeover bid is subject to a minimum acceptance threshold of a good 54 percent, the press release continued. The target applies taking into account convertible bonds. The transaction is expected to be completed in the fourth quarter of the current year. KKR wants to take Encavis off the stock exchange /lew/men