Tuesday, 14. June 2016
Topic: IoT - on June 14, 2016 at 10:59:00 AM CEST
Raspberry Pi maker Premier Farnell to be sold to Datwyler Technical Components in £792m deal
Shares in Premier Farnell, the company behind the Raspberry Pi, a credit card-sized single-board computer, have surged by 50 per cent after the group revealed it has agreed a takeover deal with a subsidiary of Swiss manufacturer Datwyler. Bidco has offered 165p per share in cash, which values Premier Farnell at around £615m, and represents a premium of around 51 per cent to the company's closing price of 109.3p yesterday. The deal has an enterprise value of around £792m.
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