(Finance) – Lake Bidco exceeds 95.9% of the shares of Mittelin addition to the threshold that triggers the right to the Squeeze-Out that will allow the offerent to acquire all the residual actions at the end of the offer.
The goal is the delisting of the company.
On today Lake Bidco purchased a total of n. 153,003 ordinary shares of about 0.19% of Mittel’s capital, at the unitary price of 1.75 euros per share.