Allgeier Holding SE said Wednesday that its Executive Board and Supervisory Board has decided to make an offer to the shareholders of Easy Software AG to purchase their no-par-value bearer shares in Easy Software at a price of EUR4.00 per share in cash as part of a voluntary public takeover bid.
The offer is subject to the attainment of a 75% minimum acceptance quota of the share capital in Easy Software existing at the time of the expiry of the acceptance period and other conditions to be set out in the offer document.
Allgeier Holding noted that both partners would benefit from the takeover. Together Easy and Allgeier would be amongst the leading software providers on the German market in the ECM segment.
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