Cimdata Logo

Industry Summary Articles

Thursday, January 11, 2024

Result of the tender offer filed by Keysight Technologies on ESI Group’s shares

ESI Group SA (“ESI Group”) announces that the French Financial Markets Authority (Autorité des Marchés Financiers – AMF) published the final results of the public tender offer initiated by Keysight Technologies Inc., through its fully owned subsidiary Keysight Technologies Netherlands B.V (“Keysight”), for ESI Group’s shares (the “Offer”).

Upon the settlement-delivery of the Offer, which will occur on 18 January 2024, Keysight will hold a total of 6,055,000 ESI Group shares representing 98.2% of the share capital and 96.4% of the theoretical voting rights of ESI Group.

Based on this result, Keysight will shortly formulate a request to the AMF to implement the squeeze-out, as indicated in the Offer Document relating to the Offer.

The squeeze-out will be subject to the same financial conditions as the Offer, namely 155 euros per ESI Group share in cash.

Trading on ESI Group’s shares has been suspended pending implementation of the squeeze-out.

The AMF notice of the result is available on its website (https://www.amf-france.org/).

Disclaimer

This press release has been prepared for information purposes only. It does not constitute an offer to buy or a solicitation to sell ESI Group securities in any jurisdiction, including France.

The dissemination, publication or distribution of this press release may be subject to specific regulations or restrictions in certain countries. Accordingly, persons in possession of this press release are required to inform themselves about and to comply with any local restrictions that may apply.

To view the original press release, please click here.

Search for Keysight Technologies on CIMdata.com

Search for ESI Group on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
Aerospace & Defense PLM Action Group

A CIMdata administered PLM advocacy group for the A&D industry

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

CIMdata's definitive guide to the worldwide CAM software and services market. This comprehensive report provides critical intelligence on market size, user expenditures, trends, and segmentation, alongside authoritative rankings of the top CAM solution providers and reseller revenues.