Nyesa Valores Corporación, S.A. (BME:NYE) made an offer to acquire Iffe Futura, S.A. (BME:IFF) from David Carro and other shareholders for €43.9 million on February 22, 2021. Under the terms of offer, Nyesa agree to pay €2 per share and the payment will be made through an exchange for newly issued Nyesa shares. The offer is conditional upon due diligence' process with a deadline of March 31, 2021.

Once this process has been completed, Nyesa will proceed to formulate the OPA for Iffe Futura, which must be accepted by at least 90% of the industrial group's shareholders. Nyesa extends the term of the 'Due Diligence' process to buy Iffe Futura until May 15, 2021.