Sealing of the"friendly tender" will mean Total holds 23,456,093 Saft shares, 90.14% of the capital and voting rights of the energy storage specialist.
"Total is pleased with the success of this tender offer," says Total chief executive Patrick Pouyanné. "Our acquisition of more than 90% of the shares shows the confidence Saft shareholders have in our industrial project enabling Saft to accelerate its development."
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