# Yildirim to acquire Borealis' stake in Rosier SA for EUR 35 million

Borealis AG and YILDIRIM Group's YILFERT Holding signed a binding agreement for Yildirim to acquire Borealis' 98.09% stake in Rosier SA, valuing the business at EUR 35 million. Borealis will also launch a squeeze-out offer for remaining shares at EUR 20 per share.

- Type: Acquisition
- Announced: 2022-09-26
- Where: Belgium
- Value: $35.0M (35.0M EUR)
- Status: announced
- Products: fertilizers, base chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Borealis](https://endata.com/companies/242.md)
- [Borealis](https://endata.com/companies/242.md) (partner)
- [Borealis](https://endata.com/companies/242.md) (target)
- [Yildirim Holding](https://endata.com/companies/45927.md) (acquirer)
- [Rosier SA](https://endata.com/companies/65543.md) (target)
- [YILFERT Holding](https://endata.com/companies/66483.md) (acquirer)

## Sources

- [omv.com](https://www.omv.com/en/investors/news-and-events/news/2022/20220926-borealis-and-yildirim-signed-a-binding-agreement-for-yildirim-to-acquire-borealis-shareholding-in-rosier-sa), 2022-09-26: "Borealis AG and YILDIRIM Group’s YILFERT Holding signed a binding agreement for the acquisition of Borealis’ shares in Rosier SA."
- [textileworld.com](https://www.textileworld.com/textile-world/2022/09/borealis-and-yildirim-signed-a-binding-agreement-for-yildirim-to-acquire-borealis-shareholding-in-rosier-sa/), 2022-09-26: "Borealis AG and YILDIRIM Group’s YILFERT Holding signed a binding agreement for the acquisition of Borealis’ shares in Rosier SA."
- [borealisgroup.com](https://www.borealisgroup.com/news/borealis-and-yildirim-announce-binding-agreement-for-yilfert-to-launch-mandatory-takeover-bid-followed-by-a-squeeze-out-for-rosier-sa), 2022-11-08: "Borealis and YILDIRIM have agreed yesterday that the transaction will be closed upon the regulatory approvals being received, and that Yildirim will as soon as possible after such closing launch a mandatory takeover bid followed by a squeeze out for the remaining Rosier shares at a price of EUR 20 p"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.