Hagemeyer NV, Naarden, the Netherlands, has signaled that it’s open to takeover proposals, according to a Feb. 23 Reuters report. Shares of the publicly held Hagemeyer have been rising lately, partially on talk of a possible bid by a consortium of private equity firms in the process of buying rival Rexel, the report said.
“I would not sabotage such a proposal,” Hagemeyer’s Chief Executive Officer Rudi de Becker told a news conference. “The question is, what is best for the shareholder
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.