Canaccord Genuity acts as Rule 3 and financial adviser to Psion plc on a recommended cash offer from Motorola Solutions, Inc. and Canaccord Genuity acts as broker
Canaccord Genuity is pleased to inform that, on 15 June 2012, its client, Psion plc, a global provider of rugged mobile computing solutions, announced the terms of a recommended cash offer from Motorola Solutions, Inc., a global manufacturer and provider of mission-critical data communication and telecommunication equipment.
The offer from Motorola of 88p per share values the fully diluted share capital of Psion at approximately £129m (approximately US$200m). The offer represents:
Canaccord Genuity acted as Rule 3 and financial adviser and broker to Psion.
Back to Listing
Explore Canaccord Genuity