Fujitsu announces takeover of GK software, secures 65.57% of all shares - Details

▤ Summary

According to a statement released by the firm on April 25, the Fujitsu GK Software acquisition offer is anticipated to be completed by May 25th, 2023. According to information released in March, Fujitsu would pay EU190 per share, a 31 per cent premium over the closing price of GK Software on February 28. The agreement was reportedly subject to a 55 per cent shareholder approval rate for GK Software. GK Software is a provider of cloud solutions for the international retail industry. GK Software was founded in 1990 by CEO Rainer Gläß and Stephan Kronmüller and is still founder-managed.

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