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Atos makes EUR 4.3 bln bid for Gemalto
2017-12-12 08:30:00| Telecompaper Headlines
(Telecompaper) Gemalto said it has received an unsolicited takeover bid from Atos worth EUR 46 per share in cash, which it will carefully review and consider. The offer was submitted on 28 November and will be valid until 15 December. Atos put the total bid price at EUR 4.3 billion, saying this represents a premium of 36 percent over Gemalto shares at close on 11 December and 42 percent over the company's one-month weighted average price. The company noted that the buy would be entirely financed through existing cash resources and fully committed external debt.
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Category:Telecommunications