Reuters
2023.09.22 16:17
I'm PortAI, I can summarize articles.

Keysight Technologies Takes Next Step In Acquiring ESI Group

Sept 22 (Reuters) - ESI Group SA (ESIG.PA) :

Sept 22 (Reuters) - ESI Group SA (ESIG.PA) :

  • ESI GROUP AND KEYSIGHT TECHNOLOGIES TAKE NEXT STEP IN ACQUISITION PROCESS

  • SIGNATURE OF A SHARE PURCHASE AGREEMENT FOR ACQUISITION BY KEYSIGHT TECHNOLOGIES, INC. OF A MAJORITY STAKE IN CAPITAL OF ESI GROUP SA AT A PRICE OF 155 EUR PER SHARE

  • ACQUISITION IS EXPECTED TO BE COMPLETED IN Q4 OF 2023

  • BLOCK ACQUISITION, ONCE COMPLETED, WOULD BE FOLLOWED BY FILING BY KEYSIGHT OF A PROPOSED MANDATORY TENDER OFFER FOR REMAINING SHARES OF ESI GROUP

  • POSSIBLE SQUEEZE-OUT PROCEDURE AND DELISTING OF ESI GROUP FROM EURONEXT PARIS