Coyote System SAS acquired the remaining stake in Traqueur SA (ENXTPA:ALTRA) on December 12, 2019 in a tender offer transaction. Coyote System paid an offer per share price of €1.7. Traqueur has 59,692 shares held in treasury at present. Coyote has acquired further shares in Traqueur leading to a stake of 86.88%. As of December 18, 2019, Coyote system has acquired 90.38% stake in Traqueur crossing the threshold for the squeeze out procedure. The squeeze out procedure will reach full ownership post closing of the takeover offer. Coyote Systems has completed the acquisition of Traqueur SA on December 18, 2019 in a takeover offer.