Winnipeg Participations intends to file a takeover bid to acquire remaining 6.8% stake in Harvest S.A. (ENXTPA:ALHVS) for €8.2 million on April 6, 2020. Winnipeg Participations will pay €90 per Harvest share. The total amount of the costs incurred by Winnipeg Participations in the context of the public buyout offer and the squeeze-out is approximately €0.2 million excluding tax. The transaction will be financed by by a shareholder loan granted by Five Arrows. The bid will be followed by squeeze out of Harvest shares. The offer will be run from June 25, 2020 to July 31, 2020.