Atlas Copco to buy Germany’s Isra Vision for $1.19 bn

SWEDEN – Atlas Copco, a Swedish industrial company, and German-listed Isra Vision AG have signed a Business Combination Agreement (BCA) to create a new division for Isra Vision within the Business Area Industrial Technique. As part of the agreement, Atlas Copco will launch a voluntary public takeover offer at EUR 50 per share in cash for all outstanding shares of Isra Vision. The acquisition is an all-cash transaction with committed funds and the tender offer will be made subject to, inter alia, the approval by antitrust authorities and the Committee…

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