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ISYS Invensys

509.50
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
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

Invensys Holders Approve Takeover by Schneider Electric

10/10/2013 4:52pm

Dow Jones News


Invensys (LSE:ISYS)
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From Apr 2019 to Apr 2024

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French electrical equipment maker Schneider Electric SA (SU.FR) said Thursday its acquisition of industrial and commercial technology company Invensys (SYS.LN) was approved by an overwhelming majority of Invensys shareholders.

MAIN FACTS:

- At the General Meeting of shareholders, 99.95% of the shares voted were in favor of the special resolution to approve the scheme, well above the 75% threshold required.

- Completion of the transaction remains subject to the satisfaction or waiver of certain other conditions set out in the Scheme Document. They include the obtaining of certain regulatory approvals as well as the Court sanctioning the Scheme and the associated reduction of Invensys' share capital at Court hearings.

-Write to djnews.paris@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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