Aerospace giant Thales agrees Gemalto takeover, trumps Atos offer

PARIS (Reuters) - Aerospace and defense technology group Thales has agreed to buy chipmaker Gemalto in an all-cash offer, promising to create a “world leader in digital security” and trumping an earlier takeover bid by tech firm Atos. The 51 euro per share offer, backed by the boards of both companies, represents a 57 percent premium over Gemalto’s closing price as of Dec. 8, Thales and Gemalto said in a joint statement on Sunday. Atos saw its 46 euro per share offer rejected by Gemalto this ...