SIE.DE, ALTR

, ALTR

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Date: --/--/-- --:--:--
Event Id: E55ZA9ZFM
Action Type: ACQUISITION
Action Status: ANNOUNCED
Acquirer Symbol:
Target Symbol: ALTR
Updated: --/--/-- --:--:--
Purchase Price Per Share: 113
Price Per Share Currency: USD
News References: https://www.globenewswire.com/en/news-release/2024/10/30/2972140/0/en/Altair-Signs-Definitive-Agreement-with-Siemens-to-be-Acquired-for-10-6-Billion.html

Action Notes

Siemens and Altaiar have entered into an agreement in which Altair will be acquired $113.00 per share in a cash transaction. The transaction is subject to the receipt of regulatory approvals, Altair stockholder approval and the satisfaction of customary closing conditions, and is expected to close in the second half of 2025.