Sint-Katelijne-Waver, Belgium-headquartered Greenyard NV and Raiffeisen, Luxembourg-headquartered Garden S.à r.l. (the offeror) have jointly announced the results of the acceptance period for the simplified squeeze-out bid that was launched by the offeror to acquire the remaining shares of Greenyard that it did not yet hold following the subsequent acceptance period for its public takeover bid in cash.
The acceptance period for the Simplified Squeeze-Out commenced on August 14 and closed on September 4, 2025. During this period, a total of 1,362,295 additional shares of Greenyard were tendered, representing 2.64% of the total outstanding stock.
All shares not tendered by the end of the acceptance period are deemed by law to have been transferred to the offeror. As a result, Garden S.à r.l. now owns 100% of the Greenyard stock, having paid the offer price of €7.40 per share.
On September 4, at close of trading, all Greenyard shares were automatically delisted from Euronext Brussels. Greenyard now continue to operate as a privately held global producer and marketer of vegetable and fruit and products.
