Etna French Bidco has launched a mandatory simplified cash tender offer for shares of Exclusive Networks SA, targeting shareholders both in France and internationally, contingent upon local legal compliance.

Target Information

Etna French Bidco (the "Offeror") has initiated a mandatory simplified cash tender offer for the shares of Exclusive Networks SA (the "Offer"). This offer is aimed at shareholders both in France and abroad, contingent upon compliance with local laws that permit participation in such offers without additional formalities. As per the notice, the Offer will not be registered or approved outside France, and no measures will be taken to facilitate registration or approval in other jurisdictions.

The Offer is explicitly not open to those individuals or entities in jurisdictions where participation would be illegal. Shareholders residing outside France must ensure their local regulations allow them to take part in the Offer. Any individuals in possession of the relevant information and documents are advised to consult applicable local laws and regulations to avoid potential legal violations.

Industry Overview

Exclusive Networks operates in the technology sector, focusing on cybersecurity and digital transformation solutions. France is experiencing a growing demand in these sectors, driven by increasing cyber threats and the ne