EQT has increased its bid for AcadeMedia. The bid has been made from EQT´s fifth fund, EQT V.

The bid has been increased from SEK 190 to SEK 205 in cash per share. Shareholders representing approximately 23.7 percent of the share capital in AcadeMedia have undertaken to accept the offer, provided that no competing bidder announces a significantly higher offer.

The increased bid values AcadeMedia at approximately SEK 2,473 million.

The acceptance period is extended to run up to and include the 31st of May, 2010.