Credem Private Equity SGR SpA and NB Aurora S.A. SICAF-RAIF bid to acquire Finlogic S.p.A. from Hydra S.p.A. and others for approximately €90 million.

Credem Private Equity SGR SpA and NB Aurora S.A. SICAF-RAIF (BIT:NBA) bid to acquire Finlogic S.p.A. (BIT:FNL) from Hydra S.p.A. and others for approximately €90 million on December 7, 2022. The offer is aimed at the delisting of Finlogic shares from Euronext Growth Milan. Finlogic S.p.A. has decided not to exercise golden power rule on take over bid by Credem Private Equity.

The tender offer is financed by recourse to the resources made available by Credem Private Equity, NB Aurora and PM&Partners and, in part, by recourse to the financial resources that will be made available by Crédit Agricole Italia and BPER Banca. As of March 3, 2023, the conditions relating to the tender offer for the acquisition of the entire capital of Finlogic have been met. ACCEPTANCE PERIOD STARTS MAY 11, ENDS JUNE 9.