on M2I (EPA:ALMII)
Abilways acquires the majority block of M2i shares from Prologue
Abilways, a subsidiary of Eductive SAS, has completed its majority acquisition of M2i, owned by Prologue. This transaction follows approval by the French Competition Authority. Abilways now holds 59.94% of the capital and 55.54% of the voting rights in M2i.
Consequently, Abilways is launching a simplified public tender offer to acquire the remaining M2i shares at the same price of €8.50 per share. The filing of this offer is expected by May 2025, subject to AMF approval and the independent expert's report.
Furthermore, M2i's governance is evolving with the resignation of several directors and the appointment of Jonathan Azoulay, the new President and CEO.
R. P.
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