Inversiones y Servicios Publicitarios, S.A. made an offer to acquire 46.74% stake in Antevenio S.A. for 11.2 million.
On June 30, 2016 BM&A Advisory & Support was appointed by the Board of Directors as the independent expert in charge of preparing a report on the terms of the offer. On August 8, 2016, Board of Directors of Antevenio SA, renders favorable opinion on the terms of the contractual voluntary tender offer. The contractual voluntary tender offer will be open for ten trading days, from September 5, 2016 to September 16, 2016. Jean-François Louit and Martin Duvernoy of Mayer Brown acted as legal advisors for Antevenio. Patrick Jaïs, Delphine Vidalenc and Laurent Halimi of De Pardieu Brocas Maffei acted as legal advisors for Inversiones.