Altran: 'validity' of Capgemini acquisition
(CercleFinance.com) - Altran announced on Friday that the Paris Court of Appeal has dismissed the appeal filed against the clearance decision issued by the AMF, relating to Capgemini's friendly tender offer for the shares of Altran Technologies.
The Court of Appeal has thus "confirmed the validity of the offer with regard to applicable laws and regulations and the validity of Altran's response document".
"The takeover of Altran by Capgemini, which currently holds 55.13% of the share capital and 55.06% of the voting rights of Altran1, is now effective," Altran said.
In accordance with the commitments made by Capgemini, the offer will be reopened from 16 to 27 March (inclusive) under the same financial conditions, therefore enabling shareholders who have not yet tendered their shares to the offer to do so at a price of 14.50 euros per Altran share.
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The Court of Appeal has thus "confirmed the validity of the offer with regard to applicable laws and regulations and the validity of Altran's response document".
"The takeover of Altran by Capgemini, which currently holds 55.13% of the share capital and 55.06% of the voting rights of Altran1, is now effective," Altran said.
In accordance with the commitments made by Capgemini, the offer will be reopened from 16 to 27 March (inclusive) under the same financial conditions, therefore enabling shareholders who have not yet tendered their shares to the offer to do so at a price of 14.50 euros per Altran share.
Copyright (c) 2020 CercleFinance.com. All rights reserved.