This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Official Takeover Offer Published By Informatica For Heiler Software

Stocks in this article: INFA

REDWOOD CITY, Calif., Oct. 22, 2012 (GLOBE NEWSWIRE) -- Informatica Deutschland AG, an indirect wholly-owned subsidiary of Informatica Corporation (Nasdaq: INFA), the world's number one independent leader in data integration software, today published the Offer Document for the voluntary public takeover offer for all outstanding shares of German-listed Heiler Software AG (WKN 542 990). The Offer Document has been approved by the German Federal Financial Supervisory Authority (BaFin). Informatica Deutschland AG offers as consideration to all shareholders of Heiler Software AG EUR 7.04 per share in cash.

The acceptance period commences today with the publication of the Offer Document and is expected to end on November 21, 2012, midnight (CET). Beginning today, the shareholders of Heiler Software AG have the opportunity to accept the offer for their shares in Heiler Software AG. To do so they have to declare in writing their acceptance of the takeover offer to their respective custodian bank.

Informatica Deutschland AG has already secured approximately 71.6 percent of all outstanding shares in Heiler Software AG (excluding treasury shares) through irrevocable agreements with certain key shareholders of Heiler Software AG, and as of today, holds approximately 14.22 % of all outstanding shares in Heiler Software AG (excluding treasury shares).

Additional details about the voluntary public takeover offer of Informatica Deutschland AG for all outstanding shares in Heiler Software AG including a previous press release can be found at http://www.informatica-offer.com .

The management board of Heiler Software AG sees significant opportunities for the strategic development of Heiler by combining its business with Informatica. Informatica Corporation and Informatica Deutschland AG entered into a transaction agreement with Heiler Software AG that establishes the key aspects of the takeover offer and the associated goals for the further strategic development of Heiler. The management board and supervisory board of Heiler Software AG will thoroughly examine the offer published today and subsequently publish a well-founded opinion on it.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,562.37 +162.70 0.99%
S&P 500 1,928.79 +24.78 1.30%
NASDAQ 4,387.4840 +71.41 1.65%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs