Aussie/Kiwi M&A/Events

Aussie/Kiwi M&A/Events

Altium (ALU AU)'s 12th July Scheme Vote. Renesas' Done Deal

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Quiddity Research
Jun 07, 2024
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  • Back on the 15th Feb, Renesas Electronics (6723 JP), a supplier of advanced semiconductors, entered into a Scheme with Altium Ltd (ALU AU).

  • Altium shareholders are being offered A$68.50/share, in cash, a lifetime high.

  • The Scheme Booklet is now out, with a Scheme Meeting to be held on the 12th July. Expected implementation on the 1 August. The IE says fair & reasonable.

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