Winnipeg Participations made a bid to acquire remaining 33.8% stake in Harvest S.A. (ENXTPA:ALHVS) for €38.2 million on February 27, 2019. Under the terms Winnipeg will pay €85 per share to acquire remaining 474,842 shares of Harvest. The offer does not apply to 72,892 treasury shares and 16,400 free shares of Harvest S.A. Winnipeg currently holds 66.23% stake in Harvest. If 95% of the capital and voting rights of Harvest S.A. is tendered at the end of the offer, Winnipeg Participations intends to implement a squeeze-out procedure. Offer will have no impact on employment within the Harvest S.A. and will not result in a change in the individual and collective status of the employees of the company and its subsidiary. The transaction has been approved by The AMF. As of February 27, 2019, Board of Directors of Harvest S.A. announced their intention to tender their shares. BM&A Advisory & Support SAS acted as independent expert to Harvest S.A. Lazard Frères Banque SA and Alantra Partners, S.A. (BME:ALNT) acted as financial advisor to Winnipeg Participations.