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NEXUS AG ( (DE:NXU) ) has issued an update.
Nexus AG, a company listed on the Frankfurt Stock Exchange, has announced the registration of a Squeeze-Out Resolution in the Commercial Register. This resolution, approved at the company’s Annual General Meeting, involves the transfer of shares held by minority shareholders to the principal shareholder, Project Neptune Bidco GmbH, for a cash compensation of EUR 70.00 per share. Following this registration, all minority shares have been transferred to Project Neptune Bidco GmbH, and Nexus AG’s stock exchange listing is expected to be discontinued soon. The trading of shares will now only involve claims to cash compensation for minority shareholders, with further details to be provided by Project Neptune Bidco GmbH.
The most recent analyst rating on (DE:NXU) stock is a Hold with a EUR77.00 price target. To see the full list of analyst forecasts on NEXUS AG stock, see the DE:NXU Stock Forecast page.
More about NEXUS AG
YTD Price Performance: 3.36%
Average Trading Volume: 735
Technical Sentiment Signal: Buy
Current Market Cap: €1.23B
See more insights into NXU stock on TipRanks’ Stock Analysis page.