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BRIEF-Hexagon Says It Agrees Sale Of Design & Engineering Business To Cadence For 2.7 Billion EUR

Reuters
09/05
BRIEF-Hexagon Says It Agrees Sale Of Design & Engineering Business To Cadence For 2.7 Billion EUR

Sept 4 (Reuters) - Hexagon AB HEXAb.ST:

  • HEXAGON AGREES SALE OF DESIGN & ENGINEERING BUSINESS TO CADENCE FOR 2.7BN EUR

  • HEXAGON AB - CADENCE TO PAY 2.7BN EUR FOR HEXAGON'S D&E BUSINESS

  • HEXAGON AB - DEAL EXPECTED TO CLOSE IN Q1 2026

  • HEXAGON- 30% OF CONSIDERATION TO BE PAID THROUGH ISSUANCE OF CADENCE COMMON STOCK TO HEXAGON AB AND REMAINDER TO BE PAID IN CASH.

Source text: ID:nWkr1TkZC1

Further company coverage: [HEXAb.ST]

((Reuters.Briefs@thomsonreuters.com;))

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