Report
Delphine Brault

Assa Abloy : Acquisition of a majority stake in Agta Record

>After the deal, Assa Abloy would hold 93% of Agta Record’s capital - Assa Abloy announced on the morning of Wednesday, 6 March, that it had signed an agreement with the shareholders of Agta Finance with a view to acquiring 54% of Agta Record’s capital, which would take its total stake to 93% (Assa Abloy has held a 39% stake since 2011). A public tender offer will be launched on the 7% of remaining shares and, assuming the EU competition authorities approve the offer,...
Underlying
ASSA ABLOY AB Class B

ASSA ABLOY provides a range of door opening solutions. Co. is organized into five divisions. Europe, Middle East and Africa division, Americas (North and South America) division and Asia Pacific (Asia, Australia and New Zealand) division manufacture and sell mechanical and electromechanical locks, security doors and hardware in their respective geographical markets. Global Technologies division operates worldwide in the product areas of access control systems, secure card issuance, identification technology and hotel locks. Entrance Systems division is a global supplier of entrance automation products and service.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Delphine Brault

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