(CercleFinance.com) – Sopra Steria announced on Friday that its takeover offer for Ordina was now unconditional, paving the way for a future withdrawal of the Dutch IT consulting company, which is listed on Euronext Amsterdam.
The French group launched a public purchase offer (OPA) for Ordina last March, while conditioning the operation on obtaining at least 80% of the company’s capital.
Sopra, which completed its public offering this week, indicates that it has received more than 92.7% of Ordina shares, for an amount of nearly 480 million euros.
Shareholders who have not yet tendered their shares to the offer will be able to do so during the reopening period, which will close on October 13, after which Ordina shares will be fully consolidated within the capital of Sopra Steria.
The delisting of Ordina shares will therefore take place ‘as soon as possible’, assures the French technology group in a financial notice.
Following this announcement, Sopra Steria shares rose 3.8% on Friday in early trading, bringing
more than 40% of its gains since the start of the year.