Atos SE [Euronext Paris: ATO] (“Atos”), a global leader in digital transformation, noted the announcement by Gemalto N.V. [Euronext Amsterdam: GTO] (“Gemalto”) regarding its friendly proposal to acquire Gemalto.
Atos confirms its proposed all-cash public offer at a price of €46.0 per Gemalto share (cum dividend).
This price reflects fully the fair value of Gemalto and presents a substantial premium to its last unaffected share price (c. 42%). The offer has received strong support from the financial markets, investors and the analyst community since announcement. It presents an attractive opportunity for Gemalto’s shareholders to realize substantial and immediate value for their shares.
Atos reiterates its readiness to open discussions and is confident that Gemalto’s Board of Directors will engage in a constructive direct dialogue with respect to the offer. Atos reaffirms that its offer is made with friendly intentions and is based on a solid and compelling industrial project for both companies, their employees, customers and other stakeholders. Atos confirms that, as a company recruiting more than 10,000 employees per year, all of the 15,000 employees of Gemalto will be welcome and integrated in the enlarged group. Atos also confirms that it intends to integrate all of the Gemalto businesses within the combined group and will maintain the Gemalto brand.
Atos will proceed with the proposed transaction and is preparing with its advisors all regulatory filings as well as the draft offer memorandum to be filed with the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) and other competent authorities.
Atos will promptly provide detailed answers to all the points raised by Gemalto in its press release and letter dated 13 December 2017.