US Antitrust Authorities Raise No Objection to Gemalto Transaction
Amsterdam and Luxembourg (ots/PRNewswire)
- Not for Distribution in Canada, Australia or Japan
Axalto Holding N.V. (Euronext: NL0000400653 - AXL) and Gemplus International S.A. (Euronext: LU0121706294 - GEM and NASDAQ: GEMP) announce today that the US Department of Justice has raised no objection to the proposed transaction between Axalto and Gemplus.
Following the expiration on March 8, 2006 of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, subsequent to the filing of a Premerger Notification and Report Form on February 6th, 2006 with the Antitrust Division of the U.S. Department of Justice and the Bureau of Competition of the Federal Trade Commission, Axalto and Gemplus have now satisfied their obligations under the US antitrust laws in respect of the proposed transaction.
This step constitutes satisfaction of another condition to the contemplated combination of Axalto and Gemplus.
The companies are now concentrating efforts to obtain the remaining approvals and to satisfy the remaining conditions for the transaction concerned.
The transaction was previously unanimously approved by the Boards of Directors of both companies and the required shareholders resolutions relating to the transaction have been approved by a vast majority of the shareholders.
Axalto: Corporate Media Relations Emmanuelle Saby T.: +33(0)-1-46-00-71-04 M.: +33(0)-6-09-10-76-10 email@example.com TBWA CORPORATE Emlyn Korengold T.: +33(0)-1-49-09-66-51 M.: +33(0)-6-08-21-93-74 firstname.lastname@example.org Investor Relations Stéphane Bisseuil T.:+33(0)-1-46-00-70-70 M.:+33(0)-6-86-08-64-13 email@example.com Gemplus: Senior Vice-President, Corporate Communications Rémi Calvet M.: +33(0)-06-22-72-81-58 firstname.lastname@example.org Edelman Paris Frédéric Boullard T.: +33(0)-1-56-69-73-95 email@example.com Investor Relations Céline Berthier T.: +41-22-544-50-54 firstname.lastname@example.org
Investors and security holders are strongly advised to read, when they become available, the prospectus/offer to exchange and related exchange offer materials regarding the business combination transaction referenced in this press release, as well as any amendments and supplements to those documents because they will contain important information. When available, the prospectus/offer to exchange and the other documents may also be obtained from Axalto Investor Relations. If required, the prospectus/offer to exchange will be filed with the Securities and Exchange Commission by Axalto. To the extent the prospectus/offer to exchange is filed with the Securities and Exchange Commission ("SEC"), security holders may obtain a free copy of the prospectus/offer to exchange (when available) and other related documents filed by Axalto at the Commission's website at www.sec.gov. Investors and security holders who are US persons or who are located in the United States should also read any solicitation/recommendation statement of Gemplus on Schedule 14D-9 when and if filed by Gemplus with the SEC because it will contain important information. The solicitation/recommendation statement and other public filings made from time to time by Gemplus with the SEC are available without charge from the SEC's website at www.sec.gov. This document, if issued, will also be available for inspection and copying at the public reference room maintained by the SEC at 450 Fifth Street, N.W., Washington, D.C. 20549, United States. For further information about the public reference room, call the SEC at +1-800-732-0330. In France, holders of Gemplus securities are requested, with respect to the offer, to refer, when filed by Axalto, to the prospectus (note d'information) that will be available on the website of the AMF (www.amf-france.org). This communication does not constitute an offer to purchase or exchange or the solicitation of an offer to sell or exchange any securities of Axalto or an offer to sell or exchange or the solicitation of an offer to buy or exchange any securities of Gemplus, nor shall there be any sale or exchange of securities in any jurisdiction in which such offer, solicitation, sale or exchange would be unlawful prior to the registration or qualification form the laws of such jurisdiction. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. The solicitation of offers to buy any Gemplus ordinary shares (including Gemplus shares represented by Gemplus American Depositary Shares) in the United States will only be made pursuant to a prospectus/offer to exchange and related offer materials that Axalto expects to send to holders of Gemplus securities, in accordance with or pursuant to an exemption from the U.S. securities laws. Unless otherwise determined by Axalto, it is not intended that any offer will be made, directly or indirectly, in or into Australia, Canada or Japan and in such circumstances it will not be capable of acceptance in or from Australia, Canada or Japan. Accordingly, copies of this announcement are not being, and must not be, mailed or otherwise distributed or sent in or into Australia, Canada or Japan. Custodians, nominees and trustees should observe these restrictions and should not send or distribute this announcement in or into Australia, Canada or Japan.
Axalto: Corporate Media Relations, Emmanuelle Saby, T.:
+33(0)-1-46-00-71-04, M.: +33(0)-6-09-10-76-10, email@example.com;
TBWA CORPORATE, Emlyn Korengold, T.: +33(0)-1-49-09-66-51,
M.:+33(0)-6-08-21-93-74, firstname.lastname@example.org; Investor
Relations, Stéphane Bisseuil, T.:+33(0)-1-46-00-70-70,
M.:+33(0)-6-86-08-64-13, email@example.com; Gemplus: Senior
Vice-President, Corporate, Communications, Rémi Calvet, M.:
+33(0)-06-22-72-81-58, firstname.lastname@example.org; Edelman Paris,
Frédéric Boullard, T.: +33(0)-1-56-69-73-95,
email@example.com; Investor Relations, Céline Berthier,
T.: +41-22-544-50-54, firstname.lastname@example.org