July 10 (Reuters) - Aalberts NV:
* AALBERTS INTENDS TO ACQUIRE GVT IN SOUTHEAST ASIAN SEMICON
MARKET
* DEAL EXPECTED TO FINALIZE BY END OF 2025
* TO BUY 100% OF GRAND VENTURE TECHNOLOGY
* ACQUISITION TO BOOST EPS
* TRANSACTION IS EXPECTED TO BE FINALISED BY END OF 2025
* SHAREHOLDERS OF GVT ARE OFFERED A CONSIDERATION OF SGD
0.94 IN
CASH PER SHARE
* ACQUISITION WILL DIRECTLY CONTRIBUTE TO EARNINGS PER SHARE
AND
WILL BE FINANCED FROM EXISTING CREDIT FACILITIES
* IMPLYING TOTAL CONSIDERATION OF ABOUT SGD 319 MILLION FOR
ALL
OUTSTANDING SHARES
* MAJOR SHAREHOLDERS, HOLDING ABOUT 64% OF GVT SHARES, HAVE
GRANTED IRREVOCABLE UNDERTAKINGS TO AALBERTS TO VOTE IN FAVOUR
OF TRANSACTION
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(Gdansk Newsroom)