Successful acquisition of Vendex

VDXK Acquisition, the subsidiary founded jointly by a number of investment companies, now holds 97.2 per cent of the share capital of the Netherlands retail group Vendex. The takeover offer made to shareholders will be valid until 19 July. After that date minority shareholders can be forced to surrender their shares following the so-called squeeze out procedure. Vendex shares are to be delisted on 3 August.