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19 September 2018
AGFA Rejects Buyout Offer
BELGIAN—
Agfa-Gevaert has received a letter of intent from Kanteron Systems relating to a voluntary conditional leveraged takeover offer on all the shares of Agfa-Gevaert.Following review , the Non-Binding LOI and the public information on Kanteron Systems, Agfa-Gevaert Management has decided not to engage in discussions with Kanteron Systems at this stage.
The Agfa-Gevaert Group develops, manufactures and distributes an extensive range of analogue and digital imaging systems and IT solutions, mainly for the printing industry and the healthcare sector.Agfa is a public company and headquarters located in Belgium. Sales for 2017 was 2,443 million euro .
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