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BRIEF-Crane NXT To Launch Takeover Bid For Antares Vision For EUR 178.9 Mln, Aimed At Delisting
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BRIEF-Crane NXT To Launch Takeover Bid For Antares Vision For EUR 178.9 Mln, Aimed At Delisting
Sep 11, 2025 11:40 PM

Sept 12 (Reuters) - Antares Vision SpA on

behalf of Crane NXT ( CXT ):

* TO BUY ANTARES VISION THROUGH NEW BIDCO

* ENTERS SALE AND PURCHASE AGREEMENT TO ACQUIRE 49.6% OF

SHARE

CAPITAL OF ANTARES VISION ON A FULLY DILUTED BASIS

* ENTERS SALE AND PURCHASE AGREEMENT WITH SARGAS TO ACQUIRE

9.1%

OF SHARE CAPITAL OF ANTARES VISION ON A FULLY DILUTED BASIS

* FOLLOWING CLOSING A MANDATORY TENDER OFFER WILL BE

LAUNCHED BY

BIDCO ON ALL ANTARES VISION SHARES, AIMED AT DELISTING

* PRICE FOR EACH SHARE OF 5 EUR PER SHARE, TOTAL

CONSIDERATION OF

AROUND EUR 178.9 MILLION

Further company coverage:

(Gdansk Newsroom)

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