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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Invensys | LSE:ISYS | London | Ordinary Share | GB00B979H674 | ORD 12.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 509.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
LONDON--Global technology company Invensys PLC (ISYS.LN), said Thursday that it has been informed by Siemens AG that all the necessary anti-trust clearances and consents have now been received for the disposal of Invensys Rail to Siemens AG (SI) for 1.74 billion pounds.
MAIN FACTS:
-The disposal remains subject to customary closing mechanics and completion is expected to take place on May 2.
-In relation to the return of GBP625 million of cash to shareholders--around 76 pence per share--a circular to shareholders containing details of the return of cash is planned to be issued as soon as practicable after the announcement of the Group's full year results on May 16.
-The return of cash is subject to the approval of Invensys Shareholders at a General Meeting which is expected to take place in June 2013.
-Invensys shares at 1552 GMT traded up 1.0 pence, or 0.2%, at 342.0 pence, valuing the company at GBP2.78 billion.
-Write to Razak Musah Baba at razak.baba@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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