Federal Holding and Investment Company and Sabena Aerospace SA offered to acquire 3.15% stake in Société Anonyme Belge de Constructions Aéronautiques (ENXTBR:SAB) for €2.4 million on February 5, 2020. Under the terms, the buyers will offer to acquire the remaining 3.15% stake in Société Anonyme Belge de Constructions Aéronautiques at €32.0833 per share. In a related transaction, Federal Holding and Investment Company and Sabena Aerospace SA entered into an agreement to acquire 96.9% stake in Société Anonyme Belge de Constructions Aéronautiques from Dassault Belgique Aviation, S.A. for €74.6 million on February 5, 2020. The mandatory public takeover bid will follow the signed agreement with Dassault. After the completion of both these transactions, Federal Holding and Investment Company and Sabena Aerospace SA will own 100% in Société Anonyme Belge de Constructions Aéronautiques and delist the company. Following closing of the initial acceptance period of the mandatory public takeover bid, the takeover bid will be reopened as a squeeze-out bid to delist SABCA from Euronext Brussels.