HLD Associés and others made a bid to acquire remaining 45.89% stake in Tessi SA (ENXTPA:TES) for approximately €140 million on January 13, 2017. As part of the deal, the shares will be acquired through a tender offer at a price of €108.07 per share. The deal is subject to regulatory approval. As of January 13, 2017, the Board of Directors of Tessi approved the deal. As of January 31, 2017, the deal was approved by French stock market body AMF.