Keysight Completes the Acquisition of a Controlling Block of Shares of ESI Group and Confirms its Intent to Launch a Tender Offer for the Remaining Outstanding Shares
Summary
They appointed Finexsi as an independent expert to provide a report that includes a fairness opinion on the financial terms of the Offer. Founded in 1973, ESI Group envisions a world where Industry commits to bold outcomes, addressing high stakes concerns - environmental impact, safety and comfort for consumers and workers, and adaptable and sustainable business models. Acting principally in automotive & land transportation, aerospace, and heavy industry, ESI Group is present in more than 15 countries, employs 1,000 people around the world, and reported 2022 sales of 130 million euros. At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product lifecycle.
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