The company successfully completed the sale of 2.2 million shares of the French multinational, retaining a 4.1% stake.

 February 24, 2026.- Invexans Limited reported the successful closing of the sale of approximately 2.2 million shares of Nexans, after which the company controlled by Qui?enco reduced its ownership interest from 9.2% to 4.1%.

The transaction was executed at a price of €120.01 per share and allowed it to raise approximately US$310 million.

The transaction was conducted through an “accelerated bookbuilding offering,” by means of a private placement to institutional investors, with J.P. Morgan Securities plc acting as Global Coordinator and Bookrunner of the offering.

As stipulated in the initial terms of the transaction, upon closing, a 60-day lock-up period was agreed in favor of J.P. Morgan Securities plc, during which the Nexans shares not included in the transaction may not be sold.