(AOF) – Balyo, specialist in the design and development of innovative robotic solutions for industrial trucks, announces the success of the public purchase offer for its shares initiated by SVF II Strategic Investments AIV LLC. The 100% subsidiary of Softbank will hold 71.44% of the capital at the end of the first offer period. The offer will be reopened, from November 3, 2023 to November 16, 2023, under the same terms as the first offer period, namely a price of 0.85 euros per ordinary share, 0.01 euros per preferred share and 0 .07 euros per BSA.
This will then involve “allowing security holders who have not yet tendered their securities to do so”.
This merger was announced in mid-June 2023, with Balyo’s Board of Directors considering that it would allow the company to “benefit from SoftBank’s technological and commercial expertise while providing it with the financial resources necessary to reach its full potential.” growth”.
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