Overview
Announcements

Acquisition | ALTAIR ENGINEERING INC – A | 28th March 2025

On October 30, 2024, ALTAIR ENGINEERING INC – A announced that it has entered into a definitive agreement to be acquired by SIEMENS AG in an all-cash transaction. Under the terms of the transaction, ALTAIR ENGINEERING INC – A shareholders will receive USD 113.00 per share in cash. ALTAIR ENGINEERING INC – A shareholders approved the transaction on January 22, 2025. Pending satisfaction of closing conditions, the transaction is expected to be completed on March 26, 2025. Trading in shares of ALTAIR ENGINEERING INC – A is expected to be halted effective March 26, 2025. In the absence of an active market, the last close price will reflect the Deal Terms of the transaction.

The treatment below will be applied to the following indices:

  • ALTAIR ENGINEERING INC – A will be removed from the Index.
  • The weight of ALTAIR ENGINEERING INC – A (ALTR.OQ) based on its last close price will be distributed pro rata to remaining Index constituents.
  • Effective Date (open): 28/03/2025

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