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Thales has had its offer to buy struggling Gemalto in a deal worth close to €4.8bn. The agreement comes just days after Gemalto had rejected a €4.3bn takeover proposal by Atos, which the company called “opportunistic”. “I am convinced that the combination with Thales is the best and the most promising option for Gemalto and the [...]

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Atos is ruthlessly pursuing its unsolicited bid to buy Gemalto even after the security-software maker’s board unanimously rejected the €4.3-billion ($5.1 billion) offer. Atos’s offer “significantly” undervalues the company, Gemalto said in a statement late Wednesday in which it also cited doubts about strategic rationale, uncertainty about integration and insufficient guarantees that a deal would go through to the end. Atos in [...]

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Atos has made an unsolicited bid to buy Gemalto of the Netherlands, the French company was forced to go public on Tuesday, with no official answer from Gemalto. Atos can afford the €46 per share offer price. The question is whether Gemalto shareholders can demand more. No, is the answer. Atos felt it had to [...]

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