Measurement technology outfit Hexagon hastabled a cash offer for Oslo-listed Veripos of Nkr 28 ($4.67) per share,valuing the company at some $152 million.
The offer, made after due diligence wascompleted on Saturday, is a 44% premium on the average of Veripos’ share priceover the past three months.
Shares in Veripos shot up more than a quarterearly on Monday morning.
Hexagon, which first contacted the Norwegiancompany in late September about a proposed deal, is looking for acceptance ofat least 90% of shareholders in Veripos to push the deal through.
Ola
