In a decision dated February 23, 2021, the German Federal Financial Supervisory Authority (BaFin) prohibited 4basebio AG’s takeover bid to KROMI Logistik AG’s shareholders, which was announced on January 20, 2021. Decision document (in German)
On 18 February 2021, 4basebio AG has decided today to no longer pursue the takeover offer to the shareholders of KROMI Logistik AG. An offer document from 4basebio AG to the shareholders of KROMI Logistik AG will therefore not be published.
Announcement: KROMI takeover offer will not be pursued further
On 20 January 2021, 4basebio AG decided to offer all shareholders of Hamburg-based KROMI Logistik AG to acquire their bearer shares by way of a voluntary public takeover offer in the form of an exchange offer.