Dedalus S.p.A. made an offer to acquire remaining 17.9% stake in Dedalus France S.A. (ENXTPA:DEDAL) for €14.1 million on May 18, 2020. Dedalus S.p.A.made an offer at a price on €0.7 per share. Under the terms, Dedalus Italia S.p.A. will acquire 20.16 million shares at €0.7 share. Dedalus S.p.A. is a majority shareholder of Dedalus France. As of June 25, 2020, the offer price was increased to €0.8 per share. The offer commenced on June 25, 2020 and will run through July 8, 2020. BNPP SA (Italy branch) acted as financial advisor to Dedalus Italia S.p.A.