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Company News

BRIEF- EXFO acquires 33.1 percent stake in Astellia

Aug 31 (Reuters) - ASTELLIA SA:

* EXFO ACQUIRES 33.1 PERCENT STAKE IN ASTELLIA

* EXFO ANNOUNCES PLANS TO SOON LAUNCH VOLUNTARY TAKEOVER BID OF ASTELLIA

* PRICE OF €10 PER SHARE PROPOSED BY EXFO

* ASTELLIA’S BOARD OF DIRECTORS HAS EXPRESSED ITS SUPPORT FOR THIS TRANSACTION

* EXFO WILL INITIATE AN ALL-CASH VOLUNTARY PUBLIC TENDER OFFER TO ACQUIRE ASTELLIA’S REMAINING SHARES Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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