Avnet Bid May Spark Bidding War for Premier Farnell

If Avnet Inc. really wants Premier Farnell plc, it will have to write a much bigger check than the £691 million ($912 million) it has offered for the company. The acquisition target’s market value surged to nearly £729 million only one day after Avnet made its bid, indicating investors believe the British distributor can attract…

Dätwyler Buys Premier Farnell as Distributors Hope to Gain Scale

Premier Farnell PLC said it has agreed to be purchased by a division of Swiss industrial components distributor Dätwyler Group AG for approximately $867 million, creating a bigger player in the European components distribution industry while putting an end to the saga of one of Britain’s biggest electronics distributors. The transaction is expected to set…

Datwyler to Acquire Premier Farnell

Datwyler to acquire Premier Farnell for an enterprise value of CHF1,0921 million in a recommended all-cash offer. Today, the boards of Dätwyler Holding AG (“Datwyler”) and Premier Farnell plc (“Premier Farnell”) have reached agreement on the terms of a recommended all-cash offer by Datwyler for the entire issued and to be issued share capital of…