The share transfer is expected to be completed in the next few days.
Ateme and the main shareholders of OTT and IPTV software provider Anevia have announced that they have signed the final agreements for the sale of the majority shareholders’ shares in the company’s share capital to Ateme.
It follows the announcement made in July on the two companies entering into exclusive negotiations and the completion of the applicable procedures with regards to employee representative bodies.
The acquisition covers 87% shares of Anevia held by the majority shareholders, 90% voting rights of the company, partly by way of contributions in kind and the remaining balance in cash.
The transfer of the majority block remains subject to the delivery of the official appraiser reports, in accordance with the applicable legal and regulatory provisions.
The share transfer is expected to be completed in the next few days.
Commenting on the acquisition, Michel Artières, Chairman and CEO of Ateme, said: “We are proud to announce this major step towards the acquisition of Anevia, which has been unanimously approved by the Boards of Directors of both companies and welcomed by their respective employee representative bodies. The operations required to complete the transaction have begun and the acquisition of the majority stake remains subject to one technical condition that should be lifted rapidly, allowing the natural course of the transaction to continue.”
Laurent Lafarge, Chairman and CEO of Anevia, remarked: “We are very pleased that this project with Ateme continues to materialize with strong support among our teams. We are ready to move forward quickly to ensure that the best level of energy is deployed in the construction of the enlarged Group to serve our customers around the world.”
