From GlobeNewswire: 2024-05-02 02:23:00

Sidetrade plans to acquire SHS Viveon AG, a German leader in credit risk management software, with a public tender offer at €3.00 per share in cash, representing a 53% premium. The offer is open until June 17, 2024, with no minimum acceptance threshold required. Upon completion, Sidetrade will delist SHS Viveon AG shares from the open market. Shareholders have agreed to transfer 19.7% of their shares by July 2024. Sidetrade has secured 68.4% of SHS Viveon AG’s shares and plans to become the majority shareholder. Post-delisting, SHS Viveon AG shares will not trade in Germany.



Read more at GlobeNewswire: Sidetrade and SHS Viveon AG agree public tender offer for