Verallia has today revealed the official opening date for the tender offer from Brasil Warrant Gestão de Investimentos (BWGI).
The offer period will run from June 23 to July 25, 2025.
BWGI is making the offer through Kaon V, which is part of an Irish investment fund called Kaon Investment Fund ICAV, managed by BWGI.
The French Autorité des marchés financiers (AMF) approved the offer on June 5, 2025, and has now published a notice confirming its launch.
In addition, both Verallia and Kaon V have released documents outlining legal, financial, and accounting details related to the offer.
These are available on: www.verallia.com and www.amf-france.org.
Terms of the transaction
BWGI’s offer is priced at €28.30 per share.
It is reminded that Verallia’s Board of Directors, upon recommendation of the ad hoc Committee, issued a favourable opinion on the offer detailed in the response document of Verallia.
Ledouble, acting as independent expert, has issued a report concluding that the financial terms of the offer are fair for Verallia’s shareholders.
Next steps
After closing of the offer, the AMF will publish the results of the offer on its website.
If the offer is successful, it will be reopened for at least 10 trading days.
