Amadeus Corporate Business AG made an offer to acquire remaining 29.74% stake in i:FAO AG (XTRA:FAO2) from Shareholder Value Beteiligungen AG (XTRA:SVE) and others for €43.5 million on October 20, 2016. Under the terms of the agreement, Amadeus Corporate Business AG will acquire remaining shares of i:FAO AG at €27.56 per share. As of December 21, 2016, Amadeus Corporate Business AG raises offer price from €27.56 to €30 per share. On completion, the shares of i:FAO AG will no longer be admitted to trading, or be traded, in the regulated market of a national stock exchange. Shareholder Value Beteiligungen acted as lead shareholder in the negotiation for the increase in the bid price to €30 per share to tender its 507,669 shares in the offer. As of December 22, 2016, Amadeus Corporate Business AG received an irrevocable commitment from shareholders who own 12.7% of the capital of i:FAO AG. These shareholders made a commitment to accept the offer under the new terms. Also, the company has extended the acceptance period by two weeks, until January 4, 2017. Arndt Stengel and Malte Krohn of Milbank, Tweed Hadley & McCloy LLP acted as legal advisor for i:FAO. goetzpartners HOLDING GmbH & CO. KG acted as financial advisor in the transaction.

Amadeus Corporate Business AG completed the acquisition of 18.46% stake in i:FAO Aktiengesellschaft (XTRA:FAO2) from Shareholder Value Beteiligungen AG (XTRA:SVE) and others for €29.4 million on January 16, 2017. Under the terms of the agreement, the acceptance period of the offer has expired and i:FAO has been delisted from the Frankfurt stock exchange.