[Techpowerup.com] (PR) Seagate to Acquire Controlling Interest in LaCie
This is a discussion on [Techpowerup.com] (PR) Seagate to Acquire Controlling Interest in LaCie within the Reviews & News Online forums, part of the Online category; Seagate Technology plc the worldwide leader in hard disk drives and storage solutions, and LaCie S.A., a leading manufacturer of ...
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24-05-2012, 03:50 AM
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| [Techpowerup.com] (PR) Seagate to Acquire Controlling Interest in LaCie
Seagate Technology plc the worldwide leader in hard disk drives and storage solutions, and LaCie S.A., a leading manufacturer of consumer storage products, today announced an exclusive agreement with the intent for Seagate to acquire a controlling interest in LaCie. Seagate has offered to purchase from Philippe Spruch, LaCie's chairman and CEO, and his affiliate, all of their shares, representing 64.5% of the outstanding shares of LaCie. Following receipt of governmental approvals and the close of this transaction, Seagate would commence an all-cash simplified tender offer (followed as the case may be by a squeeze-out procedure) to acquire the remaining outstanding shares in accordance with the General Regulation of the French Autorité des Marchés Financiers (AMF). More... |
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