Triton approaches Cision with acquisition offer
STOCKHOLM: European private-equity firm Triton has approached Cision with an acquisition offer. In turn, Cision’s board of directors accepted a request for limited due diligence, stating that Triton will be able to complete the offer and take on full responsibility as a long-term active shareholder in Cision. Shareholders will now evaluate the offer, which would allow Triton to acquire all shares and convertible participating debentures issued by Cision AB.
