;
Home / Knowledge / News / Information Technology / Results of SAP France's offer for Business Objects
Results of SAP France's offer for Business Objects
26
Feb '08
SAP France S.A. (SAP) and Business Objects S.A. announce that the French Autorité des marchés financiers (AMF) published the definitive results of SAP France's offers for Business Objects after the subsequent offering period.

These results indicate that during the subsequent offering period SAP France acquired a total of 5,786,569 Business Objects shares (including 274,907 shares that had not been delivered to SAP France as of February 4) through market purchases on Euronext pursuant to the decentralized part of the French offer and 2,925,140 Business Objects shares and 1,010 Business Objects bonds convertible or exchangeable into new or existing shares (ORNANEs) tendered into the centralized part of the French offer.

Additionally, in the U.S. offer, SAP France acquired 2,323,359 Business Objects American depositary shares (ADSs). When combined with the Business Objects securities tendered into the offers during the initial offering periods, these results indicate that SAP France directly holds an aggregate of 95.35% of the outstanding Business Objects shares (including shares represented by ADSs but excluding the 274,907 shares that had not yet been delivered to SAP France as of February 4), 99.77% of the outstanding ORNANEs and 100% of the outstanding Business Objects warrants, and indirectly holds, through the inclusion of treasury shares held by Business Objects, 97.10% of outstanding Business Objects shares (including shares represented by ADSs).


Must ReadView All

NCTO endorses USMCA; to lobby Congress to adopt agreement

Textiles | On 13th Dec 2018

NCTO endorses USMCA; to lobby Congress to adopt agreement

The National Council of Textile Organisations (NCTO) board of...

12 Asian garment firms to operate in Haiti by mid-2019

Apparel/Garments | On 13th Dec 2018

12 Asian garment firms to operate in Haiti by mid-2019

At least a dozen Asian garment manufacturing companies will start...

Pakistan evolving export-oriented policies: top official

Textiles | On 13th Dec 2018

Pakistan evolving export-oriented policies: top official

Pakistan is evolving export-oriented policies and is committed to...

Interviews View All

Karin Ekberg, Leadership & Sustainability

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Top executives, Textile industry

Top executives
Textile industry

Sri Lanka has a good sustainable track record and strong stories to back it

Top executives, Textile industry

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Pratik Agarwal,

Pratik Agarwal

Breya is a brand of Indo-Western clothes for women owned by ABP Apparels...

Mark Tokuhara,

Mark Tokuhara

Japan-based FitJoy, a shoe brand for women, has been in the footwear...

Iacopo Pardini,

Iacopo Pardini

Founded in 1953, Italian engineering company Arioli Spa started...

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Ashok Desai, Bombay Textile Research Association

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Giorgio Mantovani, Corman S.p.A

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


December 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search