Informatica Deutschland AG, an indirect wholly-owned subsidiary of Informatica Corp., published the Offer Document for the voluntary public takeover offer for all outstanding shares of German-listed Heiler Software AG --WKN 542 990. The Offer Document has been approved by the German Federal Financial Supervisory Authority, or BaFin. Informatica Deutschland AG offers as consideration to all shareholders of Heiler Software AG EUR 7.04 per share in cash. The acceptance period commences today with the publication of the Offer Document and is expected to end on Nov. 21. Beginning today, the shareholders of Heiler Software AG have the opportunity to accept the offer for their shares in Heiler Software AG. To do so they have to declare in writing their acceptance of the takeover offer to their respective custodian bank. Informatica Deutschland AG has already secured approximately 71.6% of all outstanding shares in Heiler Software AG, excluding treasury shares, through irrevocable agreements with certain key shareholders of Heiler Software AG, and as of today, holds approximately 14.22 % of all outstanding shares in Heiler Software AG, excluding treasury shares.
- Mergers, Acquisitions & Takeovers