Visiativ SA (FR:ALVIV) has released an update.
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Visiativ SA has announced that if minority shareholders holding less than 10% do not tender their shares following a public takeover offer by Alliativ SAS, a mandatory withdrawal procedure will be requested. In this scenario, non-tendered Visiativ shares will be transferred at a price equal to the offer price, net of fees. The process and relevant documents regarding this public takeover offer and its legal and financial details are available on Visiativ’s website and the AMF’s website.
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