HLD Associés made a public offer to acquire the remaining 44.94% stake in Microwave Vision S.A. (ENXTPA:ALMIC) for €75.8 million on January 29, 2021. As a part of the transaction, HLD Associés will pay €26 per share. The transaction is subject to French market regulatory approval. HLD Europe plans to delist Microwave Vision from the public market once the offer is finalized. Canaccord Genuity Group Inc. acted as financial advisor to HLD Associés. The threshold for squeeze-out has been crossed by HLD Associés on March 15, 2021, and the offer ends on March 17, 2021.