June 13, 2023
Thales proposes to acquire Tesserent in a recommended transaction, expanding its global cybersecurity leadership
Melbourne, Australia – Paris, France – Tesserent Limited (ASX: TNT) and Thales (Euronext Paris: HO) are pleased to announce that they have entered into a binding Scheme Implementation Deed (SID) under which it is proposed that Thales will acquire 100% of the shares in Tesserent by way of a Scheme of Arrangement for A$0.13 per ordinary share in cash valuing Tesserent’s equity at A$176m (circa €107 million)1.