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Qioptic Group to Acquire Linos AG

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The Qioptic Group, a supplier of optical components and modules for military and commercial applications, intends to launch a public takeover to acquire the outstanding shares of Linos AG, a manufacturer of optical systems that is based in Göttingen, Germany. The price offered will be €16.00 per share, equating to an approximately 44 percent premium on the three-month weighted average of €11.10. The takeover offer will be subject to a minimum acceptance rate of 75 percent of Linos’s capital stock. With core operations in the UK and Singapore, Qioptic is an investee company of funds managed...Read full article

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    Published: September 2006
    Businesscommercial applicationsdefenselight speedoptical componentsoptical systemsOptics

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