(CercleFinance.com) – Crédit Lyonnais, acting on behalf of SAS Hiolle Développement, has filed with the AMF a draft simplified tender offer (OPAS) targeting Hiolle Industries shares, whose listing has resumed May 5.
Hiolle Développement irrevocably undertakes to acquire, at a unit price of 4.70 euros, all of the 1,634,415 existing shares not held by members of the Hiolle family group, representing 17.35% of the capital of this company.
The offeror intends to request, within a period of three months following the closing of the offer, if the required conditions are met, the implementation of a squeeze-out targeting the shares not presented to the offer, at a price of 4.70 euros per share.