ASSA ABLOY Euro Holding AB made an offer to acquire additional 5.4% stake in agta record ag (ENXTPA:AGTA) for €50.5 million on September 15, 2020. ASSA ABLOY Euro Holding AB will acquire 0.72 million shares at €70.58 per share. The Offer will be followed by the delisting from the Euronext Paris stock exchange of the agta record shares. Within a period of no less than 9 to 18 months (this being indicative only) after the closing of the Offer and the Delisting, ASSA ABLOY AB (publ) (OM : ASSA B), parent of ASSA ABLOY Euro Holding AB intends to merge agta record (the absorbed company) into a wholly owned Swiss subsidiary of ASSA ABLOY. The Board of Directors of agta record, on the basis of the report prepared by the independent expert, has unanimously decided that the Offer was in the interest of agta record, its employees and shareholders and recommended to the shareholders to tender their agta record shares to the Offer. The Offer will be open from September 17, 2020 until September 30, 2020.