Antares Vision Appoints Lazard as Advisor for Mandatory Takeover Bid Review

Antares Vision SpA ( (IT:AV) ) just unveiled an update.

Antares Vision S.p.A. has appointed Lazard S.r.l. as independent financial advisor in connection with the mandatory full takeover bid to be launched by Crane NXT Inspection and Tracking Technologies S.p.A. on all of its ordinary shares. The company’s independent directors selected Lazard to support their evaluation of the offer and the fairness of the consideration under Italian securities regulations, and the Board of Directors will rely on Lazard’s fairness opinion when carrying out its own assessments, marking a key step in the governance and review process surrounding the prospective change in Antares Vision’s ownership structure.

The most recent analyst rating on (IT:AV) stock is a Hold with a EUR5.00 price target. To see the full list of analyst forecasts on Antares Vision SpA stock, see the IT:AV Stock Forecast page.

More about Antares Vision SpA

Antares Vision S.p.A., based in Travagliato, Italy, is an Italian multinational operating in traceability and quality control, providing integrated data management solutions that ensure product safety and supply chain transparency across various industries.

Average Trading Volume: 63,375

Technical Sentiment Signal: Hold

Current Market Cap: €356.2M

For detailed information about AV stock, go to TipRanks’ Stock Analysis page.