adminBy Pierre Bertrand
Keysight Technologies said that it has filed a tender offer for the remaining outstanding shares of ESI Group at a price of 155 euros ($166.15) a share in cash.
The manufacturer of electronic tests and measurement equipment is already the owner of 50.6% of the share capital and 46.3% of the theoretical voting rights of ESI, it said in a statement Tuesday.
ESI Group’s board of directors have given their unanimous backing for the deal, ESI said in a separate statement.
It added that the company has appointed Deputy CEO Olfa Zorgati as its new chief executive after the resignation of Cristel de Rouvray.
Write to Pierre Bertrand at [email protected]
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