AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Assystem

M&A Activity Dec 21, 2017

1122_iss_2017-12-21_20b03e4c-27f2-4b4d-8b0b-adfece4f132b.pdf

M&A Activity

Open in Viewer

Opens in native device viewer

Assystem announces that it will participate in a potential equity raise carried out by Assystem Technologies Groupe to finance the acquisition of SQS

Paris, 21 December 2017, 6.30 p.m. (CET) – Having held a special meeting today1 , the Board of Directors of Assystem S.A. (ISIN: FR0000074148 – ASY) has unanimously agreed that the Company will take up shares and convertible bonds representing a total of up to €60.72 million as part of an equity financing round to be carried out by Assystem Technologies Groupe ("Assystem Technologies") if the acquisition of Software Quality Systems AG ("SQS") by an Assystem Technologies subsidiary goes ahead.

Assystem's contribution to this financing would be funded through credit facilities set up with the Company's banks in addition to its existing facilities so that it can continue to have the available resources it needs to ensure the development of Assystem Energy & Infrastructure.

ABOUT ASSYSTEM

Assystem is an international engineering group. As a key participant in the industry for 50 years, the Group supports its clients in managing their capital expenditure throughout their asset life cycles. Assystem S.A. is listed on Euronext Paris.

For more information please visit www.assystem.com Follow Assystem on Twitter: @Assystem

CONTACTS

Philippe Chevallier CFO & Deputy CEO Tel.: +33 (0)1 55 65 03 10

Anne-Charlotte Dagorn Communications Director [email protected] Tel: +33 (0)6 83 03 70 29

Agnès Villeret Investor Relations - Komodo [email protected] Tel.: +33 (0)6 83 28 04 15

Talk to a Data Expert

Have a question? We'll get back to you promptly.