DNP clears acceptance threshold in AUSTRIACARD takeover
Dai Nippon Printing secured 96.55 percent of tendered shares in its €364 million takeover of AUSTRIACARD HOLDINGS, pending Austrian foreign investment clearance.
- DNP secured 96.55 percent of tendered shares against a 75 percent threshold.
- The transaction is valued at €364 million.
- Merger clearances were obtained in Austria, Germany, and Turkey, with Austrian FDI approval outstanding.