Basque Government and Jainaga file takeover bid for Azkoyen at 244.5 million euros

The Basque Government and Jainaga have submitted a formal takeover bid for Azkoyen to the Spanish regulator (CNMV) at 10 euros per share. The offer price represents a 12.3% discount to the market price observed on July 24, when the initial intent was disclosed, signaling a potential conflict between the bidders and current market valuation.