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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.