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NTT DATA Europe Secures 87 Percent of Itelligence's Share Capital.
- Article from:
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PR Newswire Europe
- Article date:
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January 8, 2008
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Copyright informationCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TOKYO and BIELEFELD, Germany, January 8 /PRNewswire/ -- Pursuant to the offer document published by NTT DATA Europe on 13 November 2007, acceptances by shareholders representing about 87 percent of itelligence AG's outstanding share capital have been secured. 72 percent(1) of itelligence shares were tendered during the initial acceptance period, which ended on 13 December 2007. A further 15 percent of itelligence shares, including a stake of approximately 13 percent held by Nobel SA, the second largest shareholder of itelligence AG, were tendered during the additional acceptance period, which ended at midnight on 2 January 2008.
"We have been very optimistic that ...
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