BALYO Favorably Welcomes the Proposed Public Tender Offer Filed by SoftBank Group

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[{"type":"list","items":[{"val":[{"type":"text","content":"The Board of Directors of Balyo has set up an ad hoc Committee and appointed Ledouble as independent expert","length":107,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"The Board of Directors expresses a favorable view on the Offer, pending the conclusions of the independent expert and the recommendation of the ad hoc committee","length":160,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Conclusion of a €12 million shareholder loan strengthening the Company’s financial visibility","length":93,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":360,"olType":false},{"type":"text","content":"ARCUEIL, France, December 04, 2025--(BUSINESS WIRE)--Regulatory News:","length":69,"tagName":"p"},{"type":"text","content":"BALYO (FR0013258399, Ticker: BALYO), technology leader in the design and development of innovative robotic solutions for industrial trucks, today announces that it has received an offer from the SoftBank Group, acting through its subsidiary Silver Bands 4 (US) Corp. ("SoftBank"), a shareholder holding 91,28% of the Company’s share capital and 91,29% of the voting rights, pursuant to which SoftBank filed today with the French Financial Markets Authority (the "AMF") a public tender offer followed by a squeeze-out to acquire all Balyo shares it does not already own (the "Offer"). The Offer is made at a price of 0.60 euros per share.","length":667,"tagName":"p"},{"type":"text","content":"Set up of an ad hoc committee and appointment of an independent expert","length":70,"tagName":"p"},{"type":"text","content":"In connection with SoftBank’s filing of the draft Offer with the AMF, the Board of Directors has set up an ad hoc committee, composed of Ms. Juliette Favre and Ms. Yasmine Fage, independent directors, and Mr. Pascal Rialland, Chairman of the Board of Directors.","length":261,"tagName":"p"},{"type":"text","content":"The purpose of the ad hoc Committee is to monitor and facilitate the work of the independent expert, and to prepare a draft reasoned opinion on the merits of the Offer and its consequences for Balyo, its shareholders and its employees.","length":235,"tagName":"p"},{"type":"text","content":"Upon recommendation of the ad hoc Committee, the Board of Directors has appointed Ledouble, represented b...

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