Trimble Navigation Limited announced today that it has completed the tender offer for all of the issued and outstanding shares in Tekla Corporation through its subsidiary Trimble Finland Oy. The aggregate equity consideration paid was approximately EUR 319 million, equivalent to $454 million at the current exchange rate of EUR 1=$1.4214, based on EUR 14.20 per share consideration (net of the additional dividend distribution by Tekla of EUR 18m or EUR 0.80 per share, which was paid on July 8, 2011) and an enterprise value of EUR 311 million, or approximately $442 million. Read More
