Bain Capital Europe Fund IV, L.P. a fund managed by Bain Capital Private Equity, LP entered in an agreement in principle to acquire Resilux NV (ENXTBR:RES) from Stichting Tridec, Immo Tradec NV, NV Belfima Invest, TRADIDEC NV, Dirk De Cuyper, Peter De Cuyper and other shareholders for approximately €390 million on February 3, 2017. Under the terms of the transaction, Bain Capital will acquire all the common shares at €195 per share and an equivalent price per warrant. The founding family shareholders have irrevocably confirmed that they will tender their shares if the offer is made in line with the terms and conditions set forth. Following closing of the potential offer, Bain Capital intends to launch a squeeze-out bid if the conditions for such a squeeze-out bid are met to delist Resilux from Euronext Brussels, as this would initially provide a more appropriate environment to grow the enlarged business under its new ownership structure. The potential offer will be subject to an acceptance threshold of 90% of all shares issued by Resilux (on a fully diluted basis) and competition clearances. The deal has been approved by Board of Resilux. Bank of America Merrill Lynch acted as financial advisor to Bain Capital. Alexis Meeùs, Henk Vivile, Kurt Huyghe, Charlotte Van Vossel, Timothy Martens of Degroof Petercam France acted as financial advisors to Resilux. Bain Capital Europe Fund IV, L.P. a fund managed by Bain Capital Private Equity, LP cancelled the acquisition of Resilux NV (ENXTBR:RES) from Stichting Tridec, Immo Tradec NV, NV Belfima Invest, TRADIDEC NV, Dirk De Cuyper, Peter De Cuyper and other shareholders on March 28, 2017. The deal was terminated as the German anti-trust authority rejected the deal in Phase I and the transaction would need to proceed to a Phase II review, which would make such combined acquisition difficult to pursue in the context of the required timeline for a delisting process of Resilux.