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TLVT Telvent Git

39.47
0.00 (0.00%)
26 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Telvent Git NASDAQ:TLVT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 39.47 0 01:00:00

Schneider Electric Gets Serbian Authority's OK To Buy Telvent

29/08/2011 11:14am

Dow Jones News


Telvent Git, (NASDAQ:TLVT)
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French electrical engineering and power management company Schneider Electric SA (SU.FR) Monday said Serbia's competition authority approved the proposed acquisition of Telvent GIT (TLVT) .

MAIN FACTS:

- Schneider Electric launched a tender offer to buy all outstanding shares of Telvent for $40 per share without interest and less any applicable withholding taxes.

- With the receipt of the regulatory approval from the Serbian competition authority, all necessary regulatory approvals and clearances have been granted and the related condition to the closing of the tender offer has been satisfied.

- As previously announced, the tender offer is scheduled to expire at 5:00 p.m., New York City time, on Tuesday, August 30, 2011.

- By Paris Bureau, Dow Jones Newswires; +331-4017-1740; inti.landauro@dowjones.com

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