"For Asseco, this is a good price for the shares, while the whole transaction should be positively assessed by the market. Share exchange parity [1.82 of a merger share in Asseco for 1 share in Prokom] could have however been slightly more in favor of Prokom shareholders. They deserve a bonus for this transaction," said Przemysław Sawala-Uryasz, analyst with CA IB. The merger should be completed by March 2008 and the brand of Prokom Software will disappear from the market, but the largest IT entity in Poland will be created instead. Asseco also announced that it is currently preparing for 10 investments throughout Europe, which will require zł.480 million. (Rzeczpospolita, p. B5; Puls Biznesu, pp. 1, 6-7; Parkiet, p. 6, 7) M.M.
Asseco and Prokom merger almost finalized
2007-09-20 00:00
publikacja
2007-09-20 00:00
2007-09-20 00:00
"For Asseco, this is a good price for the shares, while the whole transaction should be positively assessed by the market. Share exchange parity [1.82 of a merger share in Asseco for 1 share in Prokom] could have however been slightly more in favor of Prokom shareholders. They deserve a bonus for this transaction," said Przemysław Sawala-Uryasz, analyst with CA IB. The merger should be completed by March 2008 and the brand of Prokom Software will disappear from the market, but the largest IT entity in Poland will be created instead. Asseco also announced that it is currently preparing for 10 investments throughout Europe, which will require zł.480 million. (Rzeczpospolita, p. B5; Puls Biznesu, pp. 1, 6-7; Parkiet, p. 6, 7) M.M.