Update transaction: Tessenderlo Group acquires 99.32% of the shares of Picanol Group

Tessenderlo Group has issued a press release this morning (Update transaction Tessenderlo Group and Picanol Group: Tessenderlo Group acquires 99.32% of the shares of Picanol Group and reopens the public exchange offer as a simplified squeeze-out as from February 13, 2023).

The press release is available on the group's website: www.picanolgroup.com/en/transaction-picanol-group-and-tessenderlo-group.