EMR - Rexel wants to crop over Hagemeyer

Yesterday Rexel appear a columnist absolution to the aftereffect that they ambition to crop over Hagemeyer for EUR 4,60 per share, agnate to a aggregation amount of EUR 3 bn.

Rexel has already agreed with Sonepar that in case of a acknowledged takeover of Hagemeyer, Sonepar can aquire Hagemeyer’s activities in America, the Asia/Pacific Rim and some European Countries ( Austria, Switzerland, Sweden).

The added countries will go to Rexel, alternating with Hagemeyer’s cyberbanking and agency activities.
The countries would be: the Baltic States, Belgium, Netherlands, Finland, Norway, Russia, Poland, Slovakia, Czech Republic, Germany, United Kingdom, Ireland and Spain.

The accord would be 100% leveraged.

Thereupon Hagemeyer appear a columnist absolution to the aftereffect that they had accustomed an unsolicited action from Rexel and would accede their next steps.

More on the affair in our next newsletter “electrical business news”

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