Siemens (SIEGY) is close to agreeing a deal to acquire Altair Engineering (ALTR) and a deal could be announced as soon as tomorrow, Eyk Henning and Liana Baker of Bloomberg report, citing people familiar with the matter. Siemens is putting the finishing touches on a transaction, sources told Bloomberg. Shares of Altair are up 7% to $109.19 following the report.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALTR:
- Siemens near deal to acquire Altair Engineering, Bloomberg reports
- NioCorp announces consortium awarded UK Government funding
- Altair rises after Bloomberg reports Siemens in talks over potential deal
- Siemens in talks to acquire Altair Engineering, Bloomberg says
- Siemens in talks to buy Altair Engineering, Bloomberg says