BRIEF-Altair Engineering Required To Pay To Siemens One-Time Fee Equal To $372 Mln If Deal Terminated Under Certain Conditions

Altair Engineering -0.30%
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Altair Engineering

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- Altair Engineering Inc ALTR.O:

  • ALTAIR ENGINEERING : REQUIRED TO PAY TO SIEMENS ONE-TIME FEE EQUAL TO $372.0 MILLION IF DEAL TERMINATED UNDER CERTAIN CONDITIONS

  • ALTAIR ENGINEERING INC: SIEMENS TO PAY CO $638.0 MILLION IF DEAL TERMINATED DUE TO FAILURE TO CLOSE IT BY END DATE, OTHER CONDITIONS

Source text: [ID:n0001193125-24-247631]

Further company coverage: ALTR.O


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