Business
Approval of BWGI Tender Offer for Verallia Shares by the French Financial Markets Authority
PARIS, June 05, 2025--Regulatory News: The tender offer initiated by BWGI for Verallia’s shares (the "Offer") has been cleared today by the French financial markets authority (Autorité des marchés financiers, "AMF").
About this update from Verallia Sas
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1772,"height":726,"url":"https://media.zenfs.com/en/business-wire.com/b5bf323227da1ac772fb8695fb8a02a8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/KcB87UTxXwRCb4LnQRJjuA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTM5MztjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/b5bf323227da1ac772fb8695fb8a02a8","width":960,"height":393},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/mzwkKWseYk_zn46dOi3NEg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD05ODQ7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/b5bf323227da1ac772fb8695fb8a02a8","width":1200,"height":492}},"lazy":false},{"type":"text","content":"PARIS, June 05, 2025--(BUSINESS WIRE)--Regulatory News:","length":55,"tagName":"p"},{"type":"text","content":"The tender offer initiated by BWGI for Verallia’s shares (the "Offer") has been cleared today by the French financial markets authority (Autorité des marchés financiers, "AMF").","length":197,"tagName":"p"},{"type":"text","content":"With a holding of 28.84% of Verallia share capital, BWGI, an asset management company controlled by the Moreira Salles family, is the largest shareholder of Verallia.","length":166,"tagName":"p"},{"type":"text","content":"BWGI, acting through Kaon V1, proposes to acquire control of Verallia through a tender offer. This Offer is not subject to any success threshold other than the achievement of the regulatory threshold of 50% of the share capital or voting rights. All Verallia shares may be tendered to the Offer, subject to the exceptions and the restrictions detailed in BWGI’s offer document. BWGI will not proceed with a squeeze-out at the end of the Offer period and has undertaken, subject to certain exceptions detailed in the offer document, to maintain the listing of Verallia shares on Euronext Paris for a period of three years.","length":621,"tagName":"p"},{"type":"text","content":"Bpifrance Participations, the second largest shareholder of the Company with approximately 7.6% of the share capital (representing 9,189,887 shares in the Company), informed the Company that it intends to tender 4,594,943 shares to the Offer, representing approximately 50% of its shareholding in the Company.","length":309,"tagName":"p"},{"type":"text","content":...