Hexagon makes bid for Norway's Veripos
STOCKHOLM Oct 14 (Reuters) - Measurement technology group Hexagon said on Monday it would make an offer of 28 Norwegian crowns ($4.67) per share for Oslo-listed positioning solutions maker Veripos.
The bid implied an enterprise value for the Norwegian firm of 910 million crowns, a Hexagon spokesman said.
Sweden's Hexagon said in a statement the offer represented a premium of 44 percent in relation to Veripos volume weighted average stock price during the three months through Oct. 11.
Veripos shares closed at 23 crowns on Friday. ($1 = 5.9957 Norwegian krones) (Reporting by Niklas Pollard)
- White House reverses, says Obama met uncle and lived with him during law school
- U.S. television, Twitter, alive with new version of 'Sound of Music'
- South Africans, some fearful, wake to life without Mandela |
- RPT-UPDATE 1-Ford leans on global Mustang to burnish overseas image
- Ford leans on global Mustang to burnish overseas image