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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Thomson Reuters StreetEvents
Provider: Thomson Reuters StreetEvents

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Hexagon announces preliminary results of cash offer for shares in Veripos

Monday, 10 Feb 2014 02:26am EST 

Hexagon AB:Announces preliminary results of the recommended unconditional cash offer for the remaining shares in Veripos Inc. not already owned by Hexagon Acquisition Ltd., an indirectly wholly owned subsidiary of Hexagon AB (both hereinafter jointly referred to as Hexagon).Says at expiry of the acceptance period, Hexagon had received acceptances of the Offer from shareholders holding 22,317,896 shares, representing 67.4 percent of the outstanding shares of Veripos.Says in addition, Hexagon owns 10,055,090 shares in Veripos, representing 30.3 percent of the outstanding shares of Veripos.Says Hexagon owns and has received acceptances for 32,372,986 shares, representing 97.7 percent of the total shares in Veripos.Says cash settlement of the Offer will be conducted on Feb. 18.Says SEB Corporate Finance is acting as financial adviser for Hexagon. 

Company Quote

1.9 +0.87%
11:29am EDT