The board of directors of IFS will evaluate the public

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
The board of directors of IFS will evaluate the public offer from IGT Holding

IGT Holding IV AB (”IGT Holding”), a company indirectly wholly owned by EQT VII [1] (“EQT”), announced on December 7, 2015 a public offer to the shareholders in Industrial and Financial Systems, IFS Aktiebolag (publ.) (“IFS” or the “Company”) to acquire all outstanding A- and B-shares in IFS at a price of SEK 362.50 per share (the “Offer”). The total value of the Offer is approximately SEK 9.05 billion [2]. The Offer is unconditional and is fully financed through equity from EQT. The acceptance period is expected to commence on December 10, 2015 and end on January 4, 2016. Settlement is expected to commence around December 23, 2015 for those who have accepted the Offer no later than December 18, 2015, and around January 12, 2016 for those who have accepted the Offer after December 18, 2015 but no later than January 4, 2016. For more details about the Offer, please refer to EQT’s press release and other information on www.eqtinfo.se. The Board of Directors [3] will, in accordance with applicable regulations, evaluate the Offer from IGT Holding to the shareholders of the Company and announce its opinion on the Offer at the latest on December 21, 2015. Stockholm, December 9, 2015 IFS Board of Directors [1] EQT VII comprises EQT VII (No.1) Limited Partnership, EQT VII (No.2) Limited Partnership (together the “Partnerships”) as well as certain co-investment schemes established to invest alongside the Partnerships. EQT Services (UK) Limited acts as the manager of the Partnerships and certain of the schemes, and is authorized and regulated by the United Kingdom Financial Conduct Authority. [2] Based on the total number of shares in the Company. [3] Anders Böös and Bengt Nilsson will not participate in the evaluation of the Offer. Ulrika Hagdahl, Board Member. Telephone: +46 8 58 78 45 00, ulrika.hagdahl@ifsworld.com Frédéric Guigues, Investor Relations. Telephone: +46 8 58 78 45 00, frederic.guigues@ifsworld.com About IFS IFS (http://www.ifsworld.com/en/)™ is a globally recognized leader in developing and delivering enterprise software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) founded in 1983 and currently has over 2,700 employees. IFS supports more than 2,400 customers worldwide from its network of local offices and through a growing ecosystem of partners. For more information visit: www.ifsworld.com. Follow us on Twitter: @ifsworld (http://twitter.com/ifsworld) Visit the IFS Blog on technology, innovation and creativity: http://blog.ifsworld.com/ IFS discloses the information provided herein pursuant to the Financial Instruments Trading Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on December 9, 2015 at 1:00 p.m. (CET).

Scroll down for more posts ▼

Top 10 Most Recent News Articles

ViewScan Unveils New AI Solution and Enhanced Site

Updated Category News Views 4

ViewScan's Latest Step in AI-Powered Monitoring Long Island's own ViewScan just kicked up some dust in the AI-based monitoring scene. This outfit is rolling out a new release of its ViewScan Protect software, fortified with advanced analytics aimed at beefing up security and operational efficiency. Now, before you gloss over this news as just another tech update, let me...

Continue Reading
Matchi Debuts Protein-Packed Matcha Lattes in Cans

Updated Category News Views 5

A New Twist on Protein Beverages Today, Matchi Global LLC is rolling out something new and bold: canned protein matcha lattes. It's not just another protein shake disguised in green robes. Oh no, this is a straight-up attempt to mesh pure ceremonial-grade matcha with a full 20 grams of complete filtered milk protein. And they’re delivering it all without any of those...

Continue Reading
iFranchise Holds Top Spot in Consulting for 8 Years

Updated Category News Views 4

iFranchise's Unyielding Dominance in Franchise Consulting Five seconds in the franchise game, and you'd know that staying on top is a grind. But when you're iFranchise Group, it seems like the eighth time is the charm—if there ever was a need for luck. These folks have secured the number one spot in Entrepreneur magazine's Top Franchise Suppliers ranking yet again....

Continue Reading
ABnet Touts Anthropic's AI in Corporate Evolution

Updated Category News Views 7

Changing the AI Game in Enterprise At the heart of Tel Aviv-Yafo, ABnet Communication Ltd. is spitting fire, and this ain't your average tech chatter. They're drilling right down to the marrow, stressing just how much Anthropic—kingpin of advanced AI for enterprises—is shaking up the corporate shell game. Today’s conversation leans heavily into autonomous AI, and...

Continue Reading
Holland America Overhauls Half Moon Cay Offerings

Updated Category News Views 5

A Fresh Chapter for Half Moon Cay Mark it down, folks—Holland America Line is shaking things up over at RelaxAway, Half Moon Cay. The cruise line, known for its deep roots in premium cruising, is pouring resources into its private island playground to celebrate its 30th anniversary in 2027. And the timing couldn't be more calculated, what with peak cruise season around...

Continue Reading
Saudi Arabia Unveils CEER's Flagship Electric Vehicles

Updated Category News Views 4

CEER's Ambitious Leap in Automotive Innovation There's a new kid on the automotive block, and it's making some serious noise. Straight out of Jeddah, CEER has just taken the wraps off their flagship electric sedan and SUV, dubbed the EXOBOT. No small beans here—this is a full-throttle, Saudi-driven pitch into the global automotive circus. And why not? There's oil in...

Continue Reading
GRAI's Innovative Play with Hangout FM in Streaming

Updated Category News Views 10

Reimagining Streaming: GRAI Buys Hangout FM The music streaming game has just been dealt a fresh hand. GRAI, an AI-driven music company, has snatched up Hangout FM, looking to ignite a social revolution in how we experience music. Sitting here, I'm thinking about all those playlists we've built but never truly shared. This acquisition might just change that by combining...

Continue Reading
TerraMaster 725 NAS Unveils AI-Era Storage Solutions

Updated Category News Views 4

Tech Giants and Pioneers Rejoice Strap in, because TerraMaster just waved the green flag on their brand-new 725 Series Xeon Rackmount NAS, and it's high time the data storage world got a shake-up. Picture this: we're in the throes of an AI boom, and companies have data needs that gobble up yesterday's solutions with the hunger of a black hole. Well, enter TerraMaster's...

Continue Reading
FBI Vet Marcus Thomas Joins Re-fined Nonprofit Board

Updated Category News Views 5

Remember the days when the FBI felt like a mythical fortress of surveillance and high-tech wizardry? Today, we're seeing one of its key veterans, Marcus Thomas, take a different path—a path that's as gritty and necessary as any Wall Street hustle. He's jumping onto the board of Re-fined, a Denver nonprofit aiming to give survivors of sexual exploitation and human...

Continue Reading
Beemo, Choreo Forge AI Partnership for Wealth Management

Updated Category News Views 10

AI's New Role in Wealth Management Just when you think you've seen it all, along comes a partnership that shakes things up. Beemo Automation is teaming up with Choreo, a heavyweight in the tax-focused registered investment adviser world, to infuse some AI prowess where it matters. Choreographing their moves, they're looking to build something that's not just functional...

Continue Reading

Top 5 Most Recently Viewed Articles

Kraken Appoints Ben Gray as New Chief Legal Officer

Updated Category News Views 962

Kraken Appoints Ben Gray as New Chief Legal Officer Kraken, renowned for being one of the longest-standing and most secure platforms in the cryptocurrency world, is thrilled to announce the appointment of Ben Gray as its new Chief Legal Officer. With a notable previous role as Global General Counsel at Paxos, Ben is set to bring a wealth of experience in legal and...

Continue Reading
Alset Capital Faces Challenges Amid Declining Stock Value

Updated Category News Views 157

Alset Capital Stock Hits a New Low In a recent turn of events, Alset Capital Acquisition Corp. (HWH) has seen its stock price plunge to a troubling 52-week low of just $0.39. This significant drop is reflective of waning investor confidence and encapsulates the challenges the company is currently facing. Alset Capital, with a market valuation of $13.1 million, has...

Continue Reading
Xenon Pharmaceuticals to Host Investor Webinar on Pain Treatments

Updated Category News Views 161

Join the Upcoming Webinar from Xenon Pharmaceuticals Xenon Pharmaceuticals Inc. (Nasdaq: XENE), a biopharmaceutical company committed to advancing neuroscience therapeutics, is excited to announce its upcoming investor webinar. This informative session will focus on its early-stage programs that aim to develop non-opioid treatments for pain, specifically targeting Kv7 and...

Continue Reading
Smartkem Welcomes Jonathan Watkins as New COO to Drive Growth

Updated Category News Views 346

Smartkem Enhances Leadership Team Smartkem, a pioneer in advanced semiconductor technology, has made a significant move to bolster its leadership team by appointing Jonathan Watkins as the new Chief Operating Officer (COO). Jonathan brings extensive expertise in driving global operations and strengthening strategic partnerships which will be pivotal for Smartkem as it...

Continue Reading
GEP Named a Leader in 2026 Magic Quadrant for Source-to-Pay

Updated Category News Views 171

GEP Recognized as a Leader in Gartner’s 2026 Magic Quadrant Gartner has once again recognized GEP, a premier provider of AI-driven procurement and supply chain software for large enterprises, as a Leader in its 2026 Magic Quadrant for Source-to-Pay Suites. This acknowledgment highlights GEP's remarkable capabilities in both 'Completeness of Vision' and 'Ability to...

Continue Reading