Report
Richard-Maxime Beaudoux

GEMALTO - End of coverage | EUR51(0%) Success of Thales offer for Gemalto, with the 95% threshold exceeded

GEMALTO - End of coverage | EUR51(0%)
Success of Thales offer for Gemalto, with the 95% threshold exceeded

97.02% of GTO shares have been tendered to the offer
Thales has reached the 95% threshold needed for a delisting
This is our last paper on Gemalto
Underlyings
Gemalto N.V.

Gemalto is a holding company. Co., through its subsidiaries, provides digital security solutions, mobile connectivity, identity and data protection, credit card safety, health and transportation services, e-government and national security by supplying to governments, wireless operators, banks and enterprises a wide range of secure personal devices, such as subscriber identification modules (SIM) in mobile phones, smart banking cards, electronic passports, and USB tokens for online identity protection. Co. also provides software, systems and services to help its customers achieve their goals. Co. operates in three business segments: Mobile Communication; Secure Transactions; and Security.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Richard-Maxime Beaudoux

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