BRIEF-Crane NXT To Launch Takeover Bid For Antares Vision For EUR 178.9 Mln, Aimed At Delisting

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Sept 12 (Reuters) - Antares Vision SpA ANV.MI on behalf of Crane NXT CXT.N:

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: ANV.MI

(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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