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Wireless

Thales extends acceptance period for Gemalto offer, expects transaction to close in H2

Friday 1 June 2018 | 16:17 CET | News
Thales said that the acceptance period for the offer launched on all Gemalto shares at the end of March has been extended from 6 June to 15 August. This is to allow the company to meet the customary conditions for this type of transaction, particularly the required regulatory clearances from the antitrust authorities of several markets (including the EU and the US). First announced in December 2017, the acquisition is expected to be completed in the second half of the year, once all regulatory approvals and clearances have been secured.

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Categories: Mobile & Wireless / Mobile & Wireless
Companies: Gemalto / Thales
Countries: World
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