Advent buyback offer a success

Equity fund Advent International and Integer CEO Rafał Brzoska bought at least 60 percent of the Integer free float shares, making the tender offer valid. Back in February, Advent International announced that it wants to buy all of the free float shares of Integer, representing a 70 percent stake in the company and delist it. Advent announced that if the buyback goes through it will invest some PLN 500 million into the company.Company's founder, Rafał Brzoska will retain his 30 percent stake in Integer. Subscriptions ended on April 21.