Brief: Ipsos Launches Voluntary Public Takeover Offer For Infas

Ipsos SA

23/08/2024 07:37

Aug 23 (Reuters) - Ipsos SA  ISOS.PA :
    * IPSOS LAUNCHES A VOLUNTARY PUBLIC TAKEOVER OFFER FOR INFAS
TO
ACQUIRE THE INDUSTRY LEADER IN GERMAN PUBLIC SECTOR RESEARCH
    * VOLUNTARY PUBLIC TAKEOVER OFFER FOR INFAS HOLDING AG
    * ITS MAIN SHAREHOLDERS, REPRESENTING ABOUT 77.52% OF
OWNERSHIP
STRUCTURE, HAVE ALREADY GIVEN THEIR SUPPORT TO ACQUISITION
    * BASED IN BONN, INFAS GROUP HAS OVER 300 EMPLOYEES;
GENERATED
AROUND EUR 50 MILLION IN REVENUE IN 2023
    * COMBINED STRUCTURE WILL REPRESENT MORE THAN 800 PEOPLE
    * PRICE OF PUBLIC TAKEOVER OFFER WILL BE EUR 6.80 PER SHARE
    * OFFER PRICE REFLECTS A VALUATION OF INFAS OF EUR 61.2
MILLION

Source text for Workspace:  urn:newsml:reuters.com:*:nGNX3gHq1y
Further company coverage:  ISOS.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7785110;))