Nextstage Evergreen made an offer to acquire remaining 99.7% stake in NextStage SCA (ENXTPA:NEXTS) for approximately €220 million on September 13, 2022. Nextstage Evergreen will pay €108 cash per share to acquire 2,067,276 ordinary shares that it does not hold, representing approximately 99.7% stake. Nextstage Evergreen intends to request, in the event of the success of the reopened offer and if the required conditions are met, the implementation of a squeeze-out of Nextstage shares not offered, at a price of €108 per share.

The transaction has been submitted to AMF for approval. The offer is open from September 15, 2022 to October 19, 2022. BNP Paribas acted on behalf of Nextstage Evergreen.

Xavier Comaills, Gilles Lebreton, Catherine Naroz and Pierre Goyat of Clifford Chance LLP acted as legal advisor to Nextstage Evergreen and NextStage SCA. Florent Bouyer of Jones Day (France) acted as legal advisor to Nextstage Evergreen and NextStage SCA.