With a view to groupe SNEF acquiring a majority stake in ALLIATIV (Visiativ’s controlling shareholder), to be followed by the filing of a mandatory tender offer for Visiativ’s shares
Groupe SNEF has entered into exclusive negotiations with ALLIATIV’s main shareholders with a view to Groupe SNEF acquiring approximately 75.72% of the share capital of ALLIATIV, the controlling shareholder of Visiativ, the specialist in digital transformation and innovation for SMEs and mid-cap companies.
The contemplated transaction, which could take place in the 1st half of 2024, is subject, notably, to obtaining the usual regulatory authorisations regarding merger control, as well as the formal approval of certain Visiativ’s commercial partners.
Groupe SNEF would acquire approximately 75.72% of ALLIATIV from its main shareholders, in exchange for a cash payment, based on a value by transparency reflecting a price of €37.00 per Visiativ share
(cum dividend). Immediately upon completion of this acquisition, Visiativ’s shareholders acting in concert would transfer to ALLIATIV a total of 252,801 Visiativ shares (representing approximately 5.48% of Visiativ’s share capital) at a price of €37.00 per Visiativ share (cum dividend).
