Binding agreement signed between Bure and AcadeMedia for the merger of AcadeMedia and Anew Learning


Binding agreement signed between Bure and AcadeMedia for the merger of
AcadeMedia and Anew Learning

Bure Equity AB (publ) (“Bure”) and AcadeMedia AB (publ) (“AcadeMedia”) have
signed a final agreement for the merger of AcadeMedia and Bure-owned Anew
Learning AB (“Anew Learning”). The two companies are already part of the same
structure in that Bure controls 49.8% of the votes in AcadeMedia.

The merger will give rise to Sweden's largest education company and provide the
conditions for ongoing pedagogical development. At the same time it will ensure
both operating quality and efficiency, thereby creating value for pupils,
employees as well as for the shareholders.


The merged company will be called AcadeMedia AB (publ) and will continue to be
headed by its current President Marcus Strömberg.

“The companies' operations complement each other well. The existing brands in
AcadeMedia and Anew Learning will be preserved, which is essential for
successful integration of the two companies,” says Martin Henricson, President
and CEO of Bure, who also states that it is very satisfying to now be able to
finalise the merger.
“Both AcadeMedia and Anew Learning have many years of experience in the
education industry and operation of schools. These are two very well managed
organisations that are now joining forces. By drawing on the strengths of each
company, we will secure and enhance freedom of choice for pupils and parents,”
says Marcus Strömberg, President of AcadeMedia. 

“The merger will make us a more attractive alternative for educators, teachers
and instructors interested in working for an education company at the leading
edge,” concludes Marcus Strömberg.
The merger is scheduled for completion at the end of October 2008. Holders of
shares corresponding to 87.0% of the share capital and 91.6% of the votes in
AcadeMedia, as well as 37.1% of the share capital and votes in Bure, intend to
vote in favour of the Boards' proposals at the upcoming extraordinary general
meetings. Financially, the companies are expected to be consolidated as of 1
October 2008.

The merged company will be headquarted in Stockholm. 

For additional and more detailed information about the merger, see separate
appendix to this press release (see attached pdf-file) .

Göteborg, 18 September 2008
Bure Equity AB (publ)




For additional information, please contact: 

Anders Nilsson, Chairman AcadeMedia, phone +46 70-666 19 15
Marcus Strömberg, CEO AcadeMedia, phone +46 70-440 40 64
Patrik Tigerschiöld, Chairman Bure Equity, phone +46 8-614 00 20
Martin Henricson, President and CEO of Bure Equity, Chairman of Anew Learning,
phone +46 70-995 08 73


__________________________________________________________________

The information contained herein is subject to the disclosure requirements of
Bure Equity AB under the Swedish Securities Market Act. This information has
been publicly communicated on 18 September, 2008, at 08:45 CET.
__________________________________________________________________

Bure Equity AB (publ), corp. ID No. 556454-8781
P O Box 5419, SE-402 29 Gothenburg
Phone +46 31 708 64 00, Fax +46 31 708 64 80
www.bure.se

Attachments

09172433.pdf 080918_ENG_Bilaga_till_pressrelease_Bindande_avtal_Bure_AcadeMedia.pdf
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