Bolloré SA made an offer to acquire the remaining 10.9% stake in Blue Solutions Société Anonyme (ENXTPA:BLUE) for approximately €140 million on March 23, 2017. Bolloré will pay €17 per share. Bolloré does not have the intention to implement a squeeze-out procedure once the tender offer is completed. Shareholders deciding not to tender their shares to this offer and continuing to support Blue Solutions will be offered a second exit window following the publication of the 2019 annual financial statements of Blue Solutions through a new tender offer at the same price conditions. Bolloré filed a simplified tender offer with the Autorité des Marchés Financiers for the shares of Blue Solutions. Autorité des Marchés Financiers gave the green light to the offer. The offer will open on July 6, 2017 and close on July 19, 2017 and the results are expected on July 20, 2017. The transaction is subject to approval from French Market Authority. Associes en Finance, Investment Banking Arm acted as a fairness opinion provider for Blue Solutions Société. Bolloré SA completed the acquisition of 7.6% stake in Blue Solutions Société Anonyme (ENXTPA:BLUE) for approximately €37.3 million on July 19, 2017.