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Vectron Systems AG and Shift4 Group complete business combination, with delisting of Vectron shares at €10.50 per share.
Vectron Systems AG and Shift4 Group complete business combination process, with Shift4 waiving the 70% share acquisition condition, as nearly met.
Shift4 acquires 41.4% of Vectron's share capital from CEO Thomas Stümmler and a controlled company.
A delisting of Vectron shares is planned after a tender offer at €10.50 per share.
The business combination, announced June 1, 2024, will now proceed.
10 months ago
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