Givaudan Reopens Tender Offer for Naturex Shares

The Autorité des Marchés Financiers (AMF) has published the results of Givaudan’s tender offer period for the remaining outstanding shares of Naturex.

Givaudan now holds 9,358,019 Naturex shares, representing 97.24% of the capital, based on the total number of shares as of July 31, 2018. This includes the successful acquisition of 40.5% of the shares of Naturex prior to the launch of the tender offer, which was completed on June 4 of the same year.

The tender offer will reopen August 8–September 3, 2018, under the same terms. As with the initial tender offer, Givaudan confirmed its intention to implement a squeeze-out procedure along with the delisting of Naturex shares from the Euronext Paris stock exchange, following the closure of this offer period.