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Stock impact report

Aptar Announces the Completion of the Acquisition of a Majority Stake in Voluntis

AptarGroup, Inc. (ATR) 
Last aptargroup, inc. earnings: 4/30 05:04 pm Check Earnings Report
US:NYSE Investor Relations: investors.aptar.com
Company Research Source: Business Wire
CRYSTAL LAKE, III.--(BUSINESS WIRE)--AptarGroup, Inc. (NYSE: ATR), a global leader in drug delivery, consumer product dispensing and active material science solutions, announced today that following the signature of a share purchase agreement on July 22, 2021 and the approval of the French Ministry of Economy under the foreign investment clearance regulations, it has completed the acquisition of a majority stake in Voluntis (ENXTPA: ALVTX) from the company's reference shareholders and certain members of the management. The stake acquisition represents approximately 64.6% of the share capital of Voluntis (on a non-diluted basis), at a price of €8.70 per share.In accordance with applicable regulation, Aptar will launch a mandatory cash tender offer to acquire Voluntis’ remaining shares for the same price of €8.70 per share (the “Tender Offer”). Aptar intends to file the Tender Offer with the French Markets Authority (the “AMF”) in September 2021 and the Tender Offer will be subject Show less Read more
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