Oct 1 Data-integration software maker
Informatica Corp offered to buy all outstanding shares
of Germany-based Heiler Software AG for about 80.8
million euros ($103.9 million).
The offer for 7.04 euros a share is a 147 percent premium to
Heiler's Friday closing price.
The takeover offer will be supported by a majority of
Heiler's shareholders, who have entered into irrevocable
agreements to tender their shares, Informatica said.
The completion of the takeover offer is subject to a minimum
acceptance level of 67.5 percent of the outstanding shares and
certain other offer conditions.