(News Bulletin 247) – Navya announced on Monday that it had received four takeover offers as part of the receivership proceedings it has been subject to since early February at the Lyon Commercial Court.
The specialist in autonomous mobility systems indicates that it has so far received four takeover offers, but points out that each of them remains subject to financing conditions.
In this context, the Commercial Court of Lyon decided to continue the observation period and set a new timetable in order to allow potential buyers to improve their offer.
Under this new scheme, the bid improvement deadline was set for March 30 and the bid review hearing deadline for April 4.
Initially, the Commercial Court of Lyon had set February 21 as the deadline for filing takeover offers with the receiver and March 7 for the examination of these offers.
In the meantime, the operation of the company continues during the observation period.
The suspension of the listing of Navya shares, effective since January 25, is also maintained.
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