France Deals Review

Source data

CEVA equity and accounting milestones

Sources checked

Acquisition milestonesCEVA control came in several steps
  1. May 2018
    Investment at CEVA’s listing

    Convertible bonds provided exposure to about 25% of capital Source 1

  2. 17 October 2018
    Shareholding increased

    32.94% after an additional purchase Source 1

  3. 4 January 2019
    Accounting acquisition date

    50.6% economic exposure, including derivatives Source 1

  4. April 2019 settlement announcement
    Public tender settlement

    97.89% of shares and voting rights expected at settlement Source 2

  5. 2 May 2019
    CMA CGM transfers most of its logistics activities to CEVA

    USD 105 million consideration Source 1

  6. 30 June 2019
    Reporting date

    99.56% share ownership Source 1

Use Find an event and Go to event to move between the IPO investment, tender and reporting dates.

Source 1 Source 2

CEVA equity and accounting milestones

Equity, economic exposure and accounting control are distinct. The source for each date identifies which measure applies.

6 records
Source
May 2018Investment at CEVA’s listingConvertible bonds provided exposure to about 25% of capitalSource 1
17 October 2018Shareholding increased32.94% after an additional purchaseSource 1
4 January 2019Accounting acquisition date50.6% economic exposure, including derivativesSource 1
April 2019 settlement announcementPublic tender settlement97.89% of shares and voting rights expected at settlementSource 2
2 May 2019CMA CGM transfers most of its logistics activities to CEVAUSD 105 million considerationSource 1
30 June 2019Reporting date99.56% share ownershipSource 1

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