Ratos makes rival offer for Swedish tech firm Semcon

Ratos AB

26/09/2022 06:39

STOCKHOLM, Sept 26 (Reuters) - Private equity firm Ratos
 RATOb.ST  said on Monday it had made a recommended cash offer
for Semcon  SEMC.ST  that values the Swedish tech company at
2.84 billion crowns ($249.1 million). 
    Swedish Ratos said in a statement the offer was for 157
crowns per Semcon share, exceeding a bid of 149 crowns made by
Finland's Etteplan  ETTE.HE  last month.
    ($1 = 11.4011 Swedish crowns)
 (Reporting by Anna Ringstrom, editing by Terje Solsvik)
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