Alantra acts as exclusive financial advisor to Schaffner on the tender offer filed by TE Connectivity
Zürich – Alantra has exclusively advised Schaffner Holding (“Schaffner”), a leader in electromagnetic solutions on the public tender offer filed by TE Connectivity (“TE”), a global industrial technology company with leading positions in connectivity and sensing solutions. The Offer represents a 79.1% premium over Schaffner’s closing share price before the announcement.
Headquartered in Switzerland, Schaffner is a global leader in electromagnetic solutions that ensure the efficient and reliable operation of electronic systems, playing a vital role in building a sustainable future in the new era of electrification.
TE Connectivity is a global industrial technology leader creating a safer, sustainable, productive and connected future. TE has more than 85,000 employees, working alongside customers in approximately 140 countries.
The acquisition will enable TE to add Schaffner’s market-leading EMC filter offerings to its connectivity and sensing portfolio for high-growth industrial and automotive applications.
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