The company La Banque Postale announced in a joint press release with Groupe BPCE on 28 October 2021 its proposal to acquire CNP Assurances S.A. shares held by Groupe BPCE and to file a simplified public tender offer at the price of 21.90 EUR per share.
In a media release dated 03 June 2022, the company La Banque Postale has announced that all offer conditions of the takeover offer have been fulfilled. Accordingly, as described in previous Corporate Action Info 002 and pursuant to the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland, existing positions will be settled at the theoretical fair value. Basis for the calculation of the fair values is the tender offer ex dividend price of EUR 20.90 per share.
More information about this transaction is available on the company`s website under www.labanquepostale.com.