People & Business :: M&A
Aalberts offers to buy Impreglon to strengthen surface treatment position
8:07 AM MDT | July 9, 2014 | Natasha Alperowicz
Aalberts Industries (Langbroek, Netherlands) says it has reached an agreement with the major shareholders of Impreglon (Lüneburg, Germany) and has decided to make a public offer for all of the outstanding shares. The shareholders of Impreglon are being offered €14.00/share ($19.05) in cash, valuing the company at approximately €119 million. This price is a premium of more than 21% on the closing price of €11.55 on the Xetra stock exchange on 7 July. In addition, Aalberts will make a public, cash offer of €132.33 plus accrued interest to...
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