(Finance) – As part of the public purchase offer (OPA) voluntary totalitarian promoted by Honeywell on Civitanavi Systemsa group listed on Euronext Milan and active in the field of inertial navigation and stabilization systems, the offeror has communicated that at the end of the acceptance period, 30,520,139 shares have been tendered, equal to 99.22% of the share capital. The offeror will therefore hold a total of 31,397,954 shares, equal to 99.24% of the share capital.
The reopening of the terms will not take place. The bidder will therefore exercise the Right to Purchase and, at the same time, will fulfil the Obligation to Purchase, giving effect to the Joint Procedure with consequent Delisting.