Datwyler Offer for Premier Farnell to Lapse Aug 21
August 18 2016 - 03:18AM
Dow Jones News
By Ian Walker
LONDON--Daetwyler Holding AG (DAE.EB) said Thursday its offer
for Premier Farnell PLC (PFL.LN), maker of the $5 Raspberry Pi
computer, is final and will lapse on Aug. 21.
Switzerland's Daetwyler agreed to buy the British company in
June for 615 million pounds ($803.5 million), but this was
subsequently trumped by a higher offer from U.S. electronics
company Avnet Inc. (AVT) last month.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
August 18, 2016 03:03 ET (07:03 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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