The US financial investor TA Associates has secured the vast majority of the shares with the takeover offer for the software provider NEXUS.
By the end of the acceptance period on January 3rd, the offer for 94.95 percent of the shares had been accepted, TA announced on Wednesday via a takeover company. This includes around 26.9 percent of shares already tendered by key shareholders.
TA expects the deal to be completed in the first quarter. NEXUS should then be taken off the stock exchange “as quickly as possible”. TA had valued the equity of the Donaueschingen company at 1.2 billion euros with the offer of 70 euros per share. NEXUS AG, listed in the SDAX, specializes in software for hospitals, psychiatric hospitals, rehabilitation and diagnostic centers.
The NEXUS share is temporarily trading 0.15 percent higher at 68.50 euros via XETRA.
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DONAUESCHINGEN/MUNICH (dpa-AFX)
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