New Gen Holding SAS agreed to acquire a 76.9% stake in Generix SA (ENXTPA:GENX) for approximately €170 million on July 21, 2022. Generix Group shares will be purchase at a price of €9.50 per share. The Offer is open from July 21, 2022 until August 19, 2022.

New Gen Holding SAS completed the acquisition of a 76.9% stake in Generix SA (ENXTPA:GENX) on August 19, 2022. New Gen Holding intends to request the implementation of the squeeze-out procedure in the near future at the same price as that of the simplified tender offer