Compagnie Gervais Danone S.A. made an offer to acquire additional 6.24% stake in Centrale Laitiere SA (CBSE:CLT) from Wafa Assurance SA (CBSE:WAA) and other shareholders for approximately MAD 880 million on February 22, 2013. Under the terms, Compagnie Gervais Danone S.A. will acquire 0.59 million shares for MAD 1500 per share. The deal is approved by Minister of Economy and Finance. Societe Nationale d'Investissement S.A. has undertaken to not bring its securities to the offer. The offer period is from April 10, 2013 to April 26, 2013. The date of payment and delivery is May 13, 2013. Attijariwafa Bank Société Anonyme acted as institution in charge of the deal's centralization.

Compagnie Gervais Danone S.A. terminated the offer to acquire additional 6.24% stake in Centrale Laitiere SA (CBSE:CLT) from Wafa Assurance SA (CBSE:WAA) and other shareholders on February 22, 2014.