Back to News

Borealis confirms intention to launch squeeze out offer for Rosier

On 10 June 2022 Borealis AG (Borealis) announced its intention to launch a squeeze-out offer for Rosier SA (Rosier). Following the approval of the capital increase in Rosier by the extraordinary shareholders’ meeting on 16 June 2022 and as a result of the actual completion of such capital increase on 29 July 2022, Borealis’ shareholding in Rosier increased to 98.09%. Borealis hereby reconfirms it intends to launch a squeeze-out offer for Rosier at a price of EUR 20 per share, in accordance with the Belgian Royal Decree on Public Squeeze-Out Offers.

The launch of the squeeze-out offer remains subject to obtaining the report of the independent expert stating the elements referred to in article 6 of the Royal Decree.

An independent expert has been appointed in accordance with the Royal Decree in the first part of August 2022, and it is envisaged that the formal depositing of the squeeze-out file with the Belgian Financial Services and Markets Authority (FSMA) within the meaning of the Royal Decree will be done when the preparation of all required documentation has been substantially completed.

This communication does not constitute a formal notification of a squeeze-out offer within the meaning of the Royal Decree.


Media contact:

Group Communications:
Virginia Wieser
Senior Manager, Corporate Communications, Brand & Reputation
tel.: +43 1 22 400 772 (Vienna, Austria)
Investor relations:
Elisabeth Schopf
Group Funding Manager
Tel.: +43 1 22 400 707 (Vienna, Austria)
22 08 10 Press release squeeze out update EN English, Dutch, French, German
Media Contact
Group Media desk
Virginia Wieser, Lena Lehner
+43 1 22 400 899 (Vienna, Austria)

Latest News

News – 22/03/2024

Annual Report 2023 published

Read more

Media Release – 29/11/2023

Borealis to acquire Integra Plastics AD, an advanced mechanical recycling player based in Bulgaria

Read more

Media Release – 02/11/2023

Borealis expands its mechanically recycled plastic compounding capacity with closing the acquisition of Rialti S.p.A.

Read more

News – 24/03/2023

Borealis has published its Annual Report and Financial Results 2022

Read more

Media Release – 08/11/2022

Borealis and YILDIRIM announce binding agreement for YILFERT to launch mandatory takeover bid, followed by a squeeze out for Rosier SA

Read more

Media Release – 26/09/2022

Borealis and YILDIRIM signed a binding agreement for Yildirim to acquire Borealis’ shareholding in Rosier SA

Read more

Media Release – 21/07/2022

Borealis announces the start-up of New Ethane Cracker at its Joint Venture Baystar in Port Arthur, Texas

Read more

Media Release – 10/06/2022

Borealis intends to launch squeeze out offer for Rosier

Read more

Media Release – 03/06/2022

Borouge successfully lists on ADX in Abu Dhabi’s largest-ever IPO

Read more