Brief: Software Says Silver Lake Secures Majority Of Shares In Software AG

Software AG

03/07/2023 12:27

July 3 (Reuters) - SOFTWARE AG  SOWGn.DE :
    * SILVER LAKE SECURES MAJORITY OF SHARES IN SOFTWARE AG
    * ADDITIONAL ACCEPTANCE PERIOD ENDS ON JULY 17, 2023
    * 63.44 PERCENT OF SOFTWARE AG SHARES SECURED AS OF JUNE 28,
2023
    * SHAREHOLDERS WHO HAVE NOT YET TENDERED THEIR SHARES CAN
STILL
ACCEPT OFFER AT OFFER PRICE OF EUR 32.00 PER SHARE DURING AN
ADDITIONAL ACCEPTANCE PERIOD OF TWO WEEKS
    * COMPLETION OF OFFER REMAINS SUBJECT TO REGULATORY
CLEARANCES
    * THIS COMMENCES ON JULY 4, 2023 AND ENDS ON JULY 17, 2023,
24:00
HRS (CEST)
    * CLOSING OF TRANSACTION IS EXPECTED IN Q4 OF 2023

Source text for Eikon:  ID:nPexwwtHda 
Further company coverage:  SOWGn.DE 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))