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Crane NXT Completes Major Acquisition in Antares Vision

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Crane NXT Completes Major Acquisition in Antares Vision

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Antares Vision SpA ( (IT:AV) ) has shared an update.

Crane NXT Inspection and Tracking Technologies S.p.A. has completed the acquisition of 32.4% of Antares Vision S.p.A.’s share capital, marking a significant shift in ownership dynamics. This acquisition triggers a mandatory public purchase offer for all ordinary shares of Antares Vision, with the aim of delisting the company from the Euronext Milan, STAR segment, potentially impacting its market presence and shareholder 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 Group is an Italian multinational company listed on the Euronext STAR Milan segment since 2021. It specializes in ensuring product safety and supply chain transparency through innovative technologies for quality control, end-to-end traceability, and integrated data management, primarily operating in the Life Sciences sectors.

Average Trading Volume: 62,786

Technical Sentiment Signal: Hold

Current Market Cap: €354.8M

See more insights into AV stock on TipRanks’ Stock Analysis page.

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