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Wednesday 26 June 2024

Altium (ASX:ALU): Enters binding scheme

Altium (ASX:ALU) closed up 29% after announcing the multinational software company and Tokyo-based supplier of advanced semiconductor solutions Renesas Electronics have entered into a scheme implementation agreement for Renesas to acquire 100% of the issued shares in Altium by way of scheme of arrangement.

ASX announcement: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02772914-2A1505049

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