Asetek - Mandatory Notification Of Trade: Board Member Purchases Shares
Mar 07, 2022•over 3 years ago
Acquiring Company
Board Member
Acquired Company
Tramo Group
ChiassoDescription
07 March 2022 - Board member and primary insider of Asetek A/S Jørgen Smidt has on Friday, March 4, 2022, purchased 42,600 shares in the open market at an average price of NOK 32.37 per share. Following the transaction, Jørgen Smidt owns 59,200 Asetek shares.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed