Brief: Aalberts To Acquire GVT In Southeast Asian Semicon Market
10/07/2025 06:34
Repeats to widen distribution July 10 (Reuters) - Aalberts NV AALB.AS: AALBERTS INTENDS TO ACQUIRE GVT IN SOUTHEAST ASIAN SEMICON MARKET DEAL EXPECTED TO FINALIZE BY END OF 2025 TO BUY 100% OF GRAND VENTURE TECHNOLOGY ACQUISITION TO BOOST EPS TRANSACTION IS EXPECTED TO BE FINALISED BY END OF 2025 SHAREHOLDERS OF GVT ARE OFFERED A CONSIDERATION OF SGD 0.94 IN CASH PER SHARE ACQUISITION WILL DIRECTLY CONTRIBUTE TO EARNINGS PER SHARE AND WILL BE FINANCED FROM EXISTING CREDIT FACILITIES IMPLYING TOTAL CONSIDERATION OF ABOUT SGD 319 MILLION FOR ALL OUTSTANDING SHARES MAJOR SHAREHOLDERS, HOLDING ABOUT 64% OF GVT SHARES, HAVE GRANTED IRREVOCABLE UNDERTAKINGS TO AALBERTS TO VOTE IN FAVOUR OF TRANSACTION Source text: ID:nGNX1xNsN1 Further company coverage: AALB.AS (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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