Prima Industrie, from United Kingdom ok purchase of control share by Femto

Prima Industrie, from United Kingdom ok purchase of control share by Femto

(Telebag) – The UK Secretary of State for Business, Energy and Industrial Strategy has cleared the operation to acquire a controlling stake in the share capital of First Industries by Femto Technologies.

This was announced in a press release by the Prima Industrie Group, adding that “all the Conditions Precedent of the Closing have been met, which is currently scheduled for December 6, 2022”.

As a result of the Closing, Femto Technologies will be required to promote a public purchase offer for all of the remaining shares of Prima Industrie at the price of 25.00 euros for each share (corresponding to the price per share set out in the Sale and Purchase Agreements).

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