Reuters logo
BRIEF-Exfo reaches agreement with Astellia over filing of public tender offer for Astellia's shares
October 10, 2017 / 9:43 PM / 2 months ago

BRIEF-Exfo reaches agreement with Astellia over filing of public tender offer for Astellia's shares

Oct 10 (Reuters) - Exfo Inc

* EXFO Inc. reaches agreement with Astellia over filing of public tender offer for Astellia’s shares

* EXFO Inc - ‍ Astellia’s workers councils unanimously supported proposed transaction​

* EXFO Inc - ‍under terms of agreement, EXFO must submit a voluntary cash public tender offer to l‘Autorité des marchés financiers​

* EXFO Inc - irrevocable commitments were received from CM-CIC Capital Privé and CM-CIC investissement as part of offer to be submitted by EXFO​

* EXFO Inc says offer to pay EUR 10 per share

* EXFO Inc - ‍ transaction values entirety of astellia’s equity (on a fully diluted basis) at approximately EUR 25.9 million​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below