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