Atos SE has sent a formal offer to acquire Gemalto NV for a total consideration of about €4.3 billion, or €46 per Gemalto share, in an all-cash deal.
The deal is anticipated to cover all of Gemalto's issued and outstanding shares. The French company has also offered a discussion with Gemalto's board in relation to the proposed deal.
In response, Gemalto said it will review the proposed acquisition with its financial and legal advisers.
Gemalto's financial advisers are Deutsche Bank and J.P. Morgan, while the company's legal adviser is Allen & Overy LLP.
