Altium Announces Acquisition Hearing Date

Altium (AU:ALU) released an update.

Altium Limited has announced a hearing date for the potential approval of its acquisition by Renesas Electronics of 18 July 2024, subject to shareholder approval at an earlier meeting. Shareholders wishing to object to the scheme must follow the prescribed procedure, with further details available in the scheme booklet and via Altium’s shareholder information line for any queries. The acquisition by Renesas could mark a significant change in the ownership and future operations of Altium.

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