CGI France SAS made an offer to acquire 29.4% of stake in Umanis SA (ENXTPA:ALUMS) on March 11, 2022. Olivier Grivillers of Crowe HAF, Investment Banking Arm acted as independent expert to Umanis.

CGI France SAS completed the acquisition of 29.4% of stake in Umanis SA (ENXTPA:ALUMS) on July 13, 2022. As part of the simplified tender offer, CGI France acquired 2,428,749 shares in Umanis and now holds a total of 16,983,876 shares, representing 91.54% of the company's capital. In accordance with the terms of its simplified tender offer, CGI France intends to request implementation of the squeeze-out procedure at the same price as the simplified tender offer, or €17.15 per Umanis share, net of all costs.