Bid aims to take Oberthur Technologies private
François-Charles Oberthur Fiduciaire (FCOF) is attempting to buy out its minority shareholders and take subsidiary Oberthur Technologies private, according to a company spokesperson. FCOF already owns 70% of Oberthur Technologies shares.
FCOF is offering $9.81 per share, which would end up costing the company more than $294 million to take the smart card and security company private. A board meeting is scheduled for Sept. 26 to take a final position on the offer, according to documents released by the Oberthur Technologies. ![[end]](/resources/bullet/contactlessnews-4.gif)
