Aures Technologies: takeover bid filed

(CercleFinance.com) - Portzamparc (BNP Paribas Group), acting on behalf of Advantech Co Ltd, has filed with the AMF a proposed public tender offer for the shares of Aures Technologies, as announced on April 22.


The offeror irrevocably undertakes to acquire the 2,510,622 existing shares not held by it, representing 62.77% of the share capital, at a price of 6.31 euros per share. It will lapse if it does not hold more than 50% of the share capital or voting rights.

It intends to request the implementation of a squeeze-out at the end of the offer or, as the case may be, within three months of the close of the reopened offer and if the required conditions are met.

Copyright (c) 2024 CercleFinance.com. All rights reserved.