It's Only Common Sense: Leveraging AI in Your Sales Strategy
Dan’s Biz Bookshelf: 'Hidden Potential: The Science of Achieving Greater Things'
Trouble in Your Tank: Minimizing Small-via Defects for High-reliability PCBs
OEP to Make Public Offer for Cicor Shares
November 29, 2024 | CicorEstimated reading time: Less than a minute
Cicor Group announced that its major shareholder, OEP 80 B.V. (OEP), has converted its Mandatory Convertible Notes (MCN). As a result, OEP now holds 41.01% of Cicor's shares, triggering a mandatory public takeover offer to all other Cicor shareholders within two months.
OEP intends to make the mandatory offer at or close to the minimum price, which is currently set at CHF 54.35 per share. This minimum price is based on the 60-day volume-weighted average price (VWAP) prior to the mandatory offer announcement. The final offer price will be determined on the publication date of the mandatory offer and is expected to change.
Cicor's Board of Directors will review the mandatory offer and is currently inclined to recommend rejecting it. However, the final decision and reporting on this remain reserved.
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
Indium Corporation Introduces New Flip-Chip Flux for Semiconductor Devices
07/31/2025 | Indium CorporationIndium Corporation, a leading materials refiner, smelter, manufacturer, and supplier, today announced the global availability of WS-910 Flip-Chip Flux, a new water-soluble flip-chip dipping flux designed to meet the demands of cutting-edge semiconductor devices.
MVTec Expands its Program for Universities and Students
05/22/2025 | MVTecMVTec Software GmbH, one of the world's leading manufacturers of machine vision software, supports education and training in the field of machine vision.
Transom Capital, SigmaTron Announce Entry into Merger Agreement
05/22/2025 | Globe NewswireTransom Capital Group, LLC, an operationally focused middle-market private equity firm, and SigmaTron International, Inc., an electronic manufacturing services company, announced that they have entered into a merger agreement pursuant to which an affiliate of Transom will acquire the Company.
Altus, Danutek Expand Partnership with LPKF to Offer Laser Plastic Welding Solutions
05/21/2025 | Altus GroupAltus Group, a leading supplier of capital equipment and service support for the electronics manufacturing sector in the UK and Ireland, and its sister company Danutek, which serves Central and Eastern Europe, are expanding their technology offering through an enhanced partnership with LPKF, a specialist in laser-based manufacturing solutions.
AI Chips for the Data Center and Cloud Market Will Exceed US$400 Billion by 2030
05/09/2025 | IDTechExBy 2030, the new report "AI Chips for Data Centers and Cloud 2025-2035: Technologies, Market, Forecasts" from market intelligence firm IDTechEx forecasts that the deployment of AI data centers, commercialization of AI, and the increasing performance requirements from large AI models will perpetuate the already soaring market size of AI chips to over US$400 billion.