Keysight Completes the Acquisition of a Controlling Block of Shares of ESI Group and Confirms its Intent to Launch a Tender Offer for the Remaining Outstanding Shares
Keysight Technologies, Inc. (NYSE: KEYS), today announced the successful acquisition of shares representing 50.6% of ESI Group SA (Euronext Paris Symbol: ESI) (“ESI Group”).
- Keysight Technologies, Inc. (NYSE: KEYS), today announced the successful acquisition of shares representing 50.6% of ESI Group SA (Euronext Paris Symbol: ESI) (“ESI Group”).
- Keysight Technologies also confirms its intention to proceed with the filing of a mandatory tender offer (« offre publique d’achat ») for all remaining outstanding shares of ESI Group, at a price of 155 euros per share (the « Offer ») in the coming days.
- The timeline of the Offer, which will be decided by the AMF, will be published at a later stage.
- J.P. Morgan SE and BNP Paribas are acting as presenting banks on the Offer, with BNP Paribas acting as guaranteeing bank.