Brief: Siemens Says It Strengthens Leadership In Industrial Software And Ai With Acquisition Of Altair Engineering
30/10/2024 20:35
Oct 30 (Reuters) - Siemens AG SIEGn.DE :
* EQS-ADHOC: SIEMENS AKTIENGESELLSCHAFT: SIEMENS STRENGTHENS
LEADERSHIP IN INDUSTRIAL SOFTWARE AND AI WITH ACQUISITION OF
ALTAIR ENGINEERING
* SIEMENS AG: ALTAIR SHAREHOLDERS WILL RECEIVE USD 113 PER
SHARE,
REPRESENTING AN ENTERPRISE VALUE OF USD 10.0 BILLION
* SIEMENS AG - DEAL VALUED AT $10 BILLION, $113 PER SHARE
* SIEMENS AG - TRANSACTION EXPECTED TO BE EPS ACCRETIVE BY
YEAR
TWO
* SIEMENS AG - CLOSING EXPECTED IN SECOND HALF OF 2025
Source text: ID:nEQ6W6ZB9a
Further company coverage: SIEGn.DE
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