Thales Signs Tender Offer Agreement with Exail Technologies

On July 30, 2026, Thales and Exail Technologies announced a key agreement setting the stage for Thales to acquire all shares and bonds of Exail Technologies. This move excludes those shares held by the Gorgé family, accounting for 35.51% of Exail's share capital. The agreement details a mandatory tender offer with a share price of €134.00, maintaining the terms announced earlier.

The Board of Directors at Exail, under guidance from an independent expert, has shown unanimous support for this transaction. The process awaits standard regulatory approvals, expected by the third quarter of 2027. Following these approvals, the tender offer will proceed, targeting completion by early 2028.

This transaction marks a strategic milestone, with both entities poised for growth under the new arrangement. It highlights Thales' continued expansion in technology sectors.