Flexible Electronics News

Gemalto Reviewing Unsolicited and Conditional Proposal by Atos

Atos SE made a cash offer for all issued and outstanding shares of the company at an offer price of €46.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

The board of Gemalto N.V. has noted the announcement of the unsolicited and conditional proposal by Atos SE (Atos) to make a cash offer for all issued and outstanding shares of the company at an offer price of €46.
 
On Nov. 28, 2017, Atos submitted its Proposal, valid until Dec. 15, 2017 to the board of the company. The company subsequently informed Atos that it would carefully review the proposal and respond to it before such date. There is no certainty that the proposal will lead to a recommended firm offer for the company.

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