Sidetrade: Documentation of the public tender offer for SHS Viveon AG

Sidetrade: Documentation of the public tender offer for SHS Viveon AG

Written by Customer Service on . Posted in Mergers And Acquisitions.

Sidetrade, the global leader in AI-powered Order-to-Cash applications, today releases the public tender offer documentation to acquire SHS Viveon AG, a German leader in credit risk management software.

As announced in the May 2, 2024 press release, Sidetrade’s tender offer for SHS Viveon AG has been posted in the Federal Gazette, an official promulgation and announcement organ of the Federal Republic of Germany, today. The price of this friendly offer is €3.00 per SHS Viveon share in cash.

 

Planned milestones for Sidetrade’s acquisition of SHS Viveon AG

May 7, 2024      Tender offer opens
May 9, 2024    Delisting of SHS Viveon AG proposed to the Munich Stock Exchange
June 17, 2024   Tender offer closes

 

The tender offer is not subject to reaching a minimum acceptance threshold.

The tender offer documentation is available on www.sidetrade.com in German (https://www.sidetrade.com/wp-content/uploads/2024/05/public-tender-offer-shs-viveon-de.pdf) and in English (https://www.sidetrade.com/wp-content/uploads/2024/05/public-tender-offer-shs-viveon.pdf).
Copies of the German language binding document may be obtained at uebernahmeangebot@oddo-bhf.com.

Sidetrade will support the delisting of SHS Viveon AG’s shares from the open market m:access of the Munich stock exchange. Post delisting, SHS Viveon AG shares will not trade anymore in Germany (either Frankfurt or Munich).

Sidetrade is assisted by King & Spalding LLP as legal advisor on the transaction and ODDO BHF SE as financial advisor.

 

Sidetrade contacts
Investor relations
Christelle Dhrif                00 33 6 10 46 72 00           cdhrif@sidetrade.com

Media relations
Becca Parlby                  00 44 7824 5055 84           bparlby@sidetrade.com

About Sidetrade (www.sidetrade.com)
Sidetrade (Euronext Growth: ALBFR.PA) provides a SaaS platform dedicated to securing and accelerating cash flow. Sidetrade’s next-generation AI, nicknamed Aimie, analyzes $6.1 trillion worth of B2B payment transactions daily in the Sidetrade Cloud to predict customer payment behavior and the attrition risk of more than 38 million buyers worldwide. Aimie recommends the best operational strategies, intelligently automates actions on the entire Order-to-Cash process, and dematerializes customer transactions to enhance productivity, performance, and working capital improvements.
Sidetrade has a global reach, with 315+ talented employees based in Paris, London, Birmingham, Dublin, Houston, and Calgary, serving global businesses in more than 85 countries. Amongst them: Bidcorp, Biffa, Bunzl, Contentsquare, Engie, Expedia, Inmarsat, KPMG, Lafarge, Manpower, Opentext, Page, Randstad, Saint-Gobain, Securitas, Sodexo, Tech Data, UGI, Veolia.
Sidetrade is a participant of the United Nations Global Compact and adheres to its principles-based approach to responsible business.
For further information, visit us at www.sidetrade.com and follow us on X @Sidetrade.

In the event of any discrepancy between the French and English versions of this press release, only the English version is to be taken into account.

 

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