Tecnotree says adviser backs takeover offer, warns over jobs and locations

Tuesday 13 March 2018 | 13:18 CET | News
Finnish communications software company Tecnotree said that financial adviser Ernst & Young has deemed the EUR 0.10 takeover offer announced on 08 March by Viking Acquisitions as a fair one. It added that its directors have decided that the offer is in the interests of Tecnotree shareholders, even considering a clause whereby Tecnotree has undertaken not to solicit competing proposals or promote the progress of such proposals.

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Categories: IT
Companies: Tecnotree
Countries: Finland / World
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