We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Name | Symbol | Market | Type |
|---|---|---|---|
| Fujitsu Ltd Adr (PK) | USOTC:FJTSY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 15.25 | 15.07 | 16.04 | 0.00 | 13:08:59 |
From Jun 2022 to Jun 2024
By Adria Calatayud
Shares in GK Software SE jumped Wednesday after Fujitsu Ltd. launched a voluntary takeover offer that values the German cloud company at 432 million ($456.9 million).
The Japanese electronics and information-technology services company said it has signed a business-combination agreement with GK under which it will offer EUR190 a share in cash, an 11% premium to GK's highest share price to date of EUR172.
At 0950 GMT, GK shares were up 30% at EUR188.20.
Fujitsu said GK's founders and major shareholders, as well as its executive and supervisory boards, support the takeover. The Japanese company has already secured 40.65% of GK's share capital through irrevocable undertakings, it said.
The acquisition of GK, which specializes in cloud services for the retail industry, will revitalize and transform Fujitsu's portfolio and help its Uvance business, the Japanese company said.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
March 01, 2023 05:09 ET (10:09 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Fujitsu Ltd Adr (PK) Chart |
1 Month Fujitsu Ltd Adr (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
