Crozaloc SA made a tender offer to acquire 8.7% stake in Videlio SA (ENXTPA:VDLO) for €5.9 million on June 25, 2021. Under the term, Crozaloc SA will acquire 2.3 million shares at €2.6 per share. The tender offer will be opened from June 25, 2021 to July 8, 2021. Crozaloc SA completed the acquisition of additional 6.39% minority stake in Videlio SA (ENXTPA:VDLO) for €4.3 million on July 8, 2021. On July 13, 2021, Crozaloc decided to implement the squeeze-out procedure for Videlio shares at €2.6 per share. Euronext has published the timetable for implementing the squeeze-out of Videlio's shares and the date for delisting Videlio's shares from the regulated market of Euronext in Paris as July 19, 2021. Kepler Cheuvreux SA acted as a financial advisor and CACEIS S.A. acted as a transfer agent to Crozaloc.