BRIEF-Honeywell Says Will Initiate A Voluntary Tender Offer To Acquire All Outstanding Shares Of Civitanavi-February 2024-www.financetom.com

BRIEF-Honeywell Says Will Initiate A Voluntary Tender Offer To Acquire All Outstanding Shares Of Civitanavi

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BRIEF-Honeywell Says Will Initiate A Voluntary Tender Offer To Acquire All Outstanding Shares Of Civitanavi

Mar 26, 2024 11:48 PM

March 27 (Reuters) - Civitanavi Systems SpA:

* HONEYWELL TO ACQUIRE CIVITANAVI SYSTEMS TO STRENGTHEN

AUTONOMOUS

OPERATIONS OFFERINGS IN AEROSPACE AND EXPAND EUROPEAN FOOTPRINT

* HONEYWELL ( HON )- WILL INITIATE A VOLUNTARY TENDER OFFER TO

ACQUIRE ALL

OUTSTANDING SHARES OF CIVITANAVI FOR A PURCHASE PRICE OF EUR

6.30 PER SHARE IN CASH

* HONEYWELL ( HON )- OFFER FOR AN EQUITY VALUE OF APPROXIMATELY EUR

200

MILLION AT CLOSING

Source text for Eikon:

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