Informatica Corporation plans voluntary public takeover offer for Heiler Software AG

Stuttgart, (PresseBox) - The U.S.-based Informatica Corporation announced today its decision to launch via its subsidiary Informatica Deutschland AG a voluntary public takeover offer to acquire all outstanding shares of Heiler Software AG. The consideration to be offered to the shareholders of Heiler Software AG for their shares will be EUR 7,04 in cash per share. The completion of the takeover offer is intended to be subject to a minimum acceptance level of at least 67.5% (excluding treasury shares) and certain other offer conditions.

The offer corresponds to a premium of approximately 173% compared to the weighted average share price of Heiler over the last three months before the announcement of the offer according to § 10 of the Securities Acquisition and Takeover Act (WpÜG) (source: Bloomberg). Informatica has informed Heiler Software AG that it has entered into irrevocable undertakings with certain key shareholders of Heiler, who will tender their shares into the takeover offer when made, representing approximately 71.6% of the share capital of Heiler (excluding treasury shares).

Heiler and Informatica have today entered into a transaction agreement that establishes between the parties the main objectives of the takeover offer and outlines the strategic goals for the further development of Heiler Software AG.

According to the provisions of the Securities Acquisition and Takeover Act (WpÜG), Informatica will submit the details of its offer in the form of the offer document to the Federal Financial Supervisory Authority (BaFin) within the next four weeks. After publication of the offer document, the Heiler Executive Board and the Supervisory Board will submit a well-founded opinion on the offer and the appropriateness of the tender price in compliance with statutory regulations.

The offer document will be made available at

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