(ANSA) – ROME, June 20 – Engineering has signed “the definitive and binding agreements” for the purchase of 58,287,622 ordinary shares equal to 43.209% of the share capital of Be at the unit price (taking into account the dividend approved by the shareholders’ meeting equal to € 0.03 per share) – € 3.45 per share. The closing of the transaction, announced last February at the signing of a letter of intent, is expected by 31 December: it will entail the obligation for Enginering to promote a mandatory total takeover bid on the remaining Be shares aimed at delisting in the event that came to hold a stake of more than 90%.
The agreement sees as shareholders of Be ‘sellers’ Tamburi Investment Partners, Stefano Achermann and his subsidiary Innishboffin, Carlo Achermann and the company he controls Carma Consulting.
“I am pleased to welcome Stefano Achermann and the Be team, an Italian excellence for the finance market, to the Engineering family”, says the CEO of Engineering, Maximo Ibarra, commenting on the agreement for the acquisition of 43.2% of Be.
“This acquisition – he says – confirms Engineering’s ambitions as a leading company in digital transformation processes for companies and the Public Administration. Thanks to the support of our shareholders, Bain Capital and NB Renaissance, the integration with Be will allow us to consolidate the Engineering’s role as digital champion and to offer our country and the market an even more solid player in consulting and digital transformation services for financial institutions “. (HANDLE).