Brief: Hexagon Says It Agrees Sale Of Design & Engineering Business To Cadence For 2.7 Billion EUR

Cadence Design Systems

04/09/2025 21:40

Sept 4 (Reuters) - Hexagon AB HEXAb.ST:

HEXAGON AGREES SALE OF DESIGN & ENGINEERING BUSINESS TO CADENCE FOR 2.7BN EUR

HEXAGON AB - CADENCE TO PAY 2.7BN EUR FOR HEXAGON'S D&E BUSINESS

HEXAGON AB - DEAL EXPECTED TO CLOSE IN Q1 2026

HEXAGON- 30% OF CONSIDERATION TO BE PAID THROUGH ISSUANCE OF CADENCE COMMON STOCK TO HEXAGON AB AND REMAINDER TO BE PAID IN CASH.

Source text: ID:nWkr1TkZC1

Further company coverage: [HEXAb.ST]

 ((Reuters.Briefs@thomsonreuters.com;))