Coyote System SAS acquired the remaining stake in Traqueur SA (ENXTPA:ALTRA) on December 12, 2019 in a tender offer transaction. Coyote System paid an offer per share price of €1.7. Traqueur has 59,692 shares held in treasury at present. Coyote has acquired further shares in Traqueur leading to a stake of 86.88%. As of December 18, 2019, Coyote system has acquired 90.38% stake in Traqueur crossing the threshold for the squeeze out procedure. The squeeze out procedure will reach full ownership post closing of the takeover offer.