Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
NEXUS AG ( (DE:NXU) ) just unveiled an announcement.
Nexus AG has received a squeeze-out demand from Project Neptune Bidco GmbH, a holding company managed by TA Associates Management, L.P. Project Neptune Bidco GmbH, which holds approximately 95.16% of Nexus AG’s share capital, is seeking to acquire the remaining shares from minority shareholders in exchange for cash compensation. The specifics of the cash compensation will be announced later, and a general meeting will be convened to finalize the transfer of shares.
More about NEXUS AG
YTD Price Performance: 1.89%
Average Trading Volume: 12
Technical Sentiment Signal: Sell
Current Market Cap: €1.2B
Learn more about NXU stock on TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money