Océ: strategic review process was thorough and complete
(Thomson Reuters ONE) - This is a press release by Océ N.V. pursuant to the provisions ofSection 4 paragraph 1 of the Dutch Decree on Public Takeover Bids(Besluit openbare biedingen Wft). This announcement is not forrelease, publication or distribution, in whole or in part, in or intodirectly or indirectly the United States and Canada.Reference is made to the joint press release by Canon Inc. and OcéN.V. dated 16 November 2009 regarding the intention of Canon toacquire all ordinary shares of Océ through an all cash public offer,and to the press release dated 17 November 2009 of Canon in which itannounced that it had acquired 21.3% of the outstanding ordinaryshares of Océ.Océ has noted today's questions about the process which has led tothe 16 November 2009 announcement and wishes to reiterate that thestrategic review process has been thorough and complete. Inparticular, after its various public announcements including at itsgeneral meetings of shareholders dated 21 October 2008 and 23 April2009 that it would seek further economies of scale, Océ has been infrequent contact with all relevant industry players, and hasconsidered and discussed various transaction forms, all in the bestinterest of its shareholders and other stakeholders. The envisagedtransaction with Canon is the result of this extensive process and isfully and unanimously supported by Océ's Management and SupervisoryBoards.Océ N.V.18 November 2009Overview of OcéOcé is one of the world's leading providers of document managementand printing for professionals. The broad Océ offering includesoffice printing and copying systems, high speed digital productionprinters and wide format printing systems for both technicaldocumentation and color display graphics. Océ is also a foremostsupplier of document management outsourcing. Many of the world'sFortune 500 companies and leading commercial printers are Océcustomers. The company was founded in 1877. With headquarters inVenlo, the Netherlands, Océ is active in over 90 countries andemploys some 22,000 people worldwide. Total revenues in 2008 amountedto ? 2.9 billion. Océ is listed on NYSE Euronext in Amsterdam.For more information on Océ N.V., visit the company's website:www.investor.oce.comFor more information:Investor Relations: Press:Carlo Schaeken Jan HolVice President Investor Relations Senior Vice President Corp. CommunicationsTelephone + 31 77 359 2240 Telephone + 31 77 359 2000E-mail investor(at)oce.com E-mail jan.hol(at)oce.comhttp://hugin.info/130675/R/1355832/329281.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 18.11.2009 - 11:44 Uhr
Sprache: Deutsch
News-ID 8563
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