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>>
See today’s best-performing stocks on TipRanks >>
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
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
