Aptargroup Inc.

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Mergers / Acquisitions, Equity Financing / Related

Voluntis Announces Exclusive Negotiations With Aptar

Published: 06/22/2021 13:23 GMT
Aptargroup Inc. (ATR) - Announced Today That It Has Entered Into Exclusive Negotiations With Aptargroup, Inc.regarding a Potential Acquisition of All Outstanding Shares of Voluntis by Aptar.
Aptar Would Acquire Approximately 64.6% of Voluntis' Share Capital (on a Non-diluted Basis) at a Price of €8.70 per Share.
Price per Share Represents a Premium of 110% Over Closing Price of Voluntis Share on 18 June 2021.
Aptar and Voluntis Have Entered Into Tender Offer Agreement Under Which Voluntis Has Agreed to Support Tender Offer and Not to Solicit Other Offers.
Upon Completion, Aptar Would Launch a Simplified Mandatory Cash Tender Offer to Acquire Remaining Shares of Voluntis at the Same Price of EUR 8.70 per Share.