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Electronics Production |

PartnerTech to its shareholders: 'accept the offer'

EMS-provider PartnerTech has issued a statement in relation to Scanfil’s public offer.

Finish EMS-provider Scanfil has announced a public offer to the shareholders of PartnerTech to tender all of their shares in PartnerTech to Scanfil for a consideration of SEK 35 (roughly EUR 3.79) in cash for each share in PartnerTech. The total value of the offer amounts to approximately SEK 443 million (roughly EUR 48 million). In its evaluation of the offer, PartnerTech's board has also taken into account that the company's two largest shareholders – together representing approximately 65.9 percent of the shares in the company – have expressed their support for the offer by signing undertakings to accept the offer. PartnerTech is recommending its shareholders – based on its own evaluation – to accept Scanfil's offer.

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March 15 2024 2:25 pm V22.4.5-1
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