Zapping The Blogauto Test of the Cupra Born in Lapland
Deadline of March 30, 2023 to improve the offer
Navya had obtained from the Commercial Court of Lyon an additional period for the filing of takeover offers with the judicial administrator, from February 21 to March 16.
The company also specifies that at this stage, each of these offers is subject to financing conditions and that each potential buyer will have until the deadline of March 30, 2023 to improve their offer.
Examination of the offers on April 4
The bid review hearing is scheduled for April 4.
The company indicates that it will continue its operational and commercial activities for the observation period but the suspension of trading in Navya shares, which took effect on January 25, remains in place.
In July 2018, Navya celebrated its initial public offering (IPO) with a share price of €7. When the request for suspension of trading was made, the share was worth €0.03…
Our opinion, by leblogauto.com
Navya was able to prove that it had the know-how and the technology. Enough to attract a potential buyer.
It remains to be seen what will become of the jobs…
Sources: AOF, Navya
To sum up
Navya, the French leader in autonomous vehicles, announced that it received four takeover offers on March 16, 2023.
As a reminder, the company was placed in receivership on February 1st.
Navya was able to prove that she had the know-how and the technology. Enough to attract a potential buyer.
It remains to be seen what will become of the jobs…
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