Invensys says Baan offer is ready despite new twist

Article Abstract:

Invensys PLC is ready to make an official bid of 762 million euros to acquire Baan Co., a software firm based in Holland. However, an individual minority shareholder is seeking to stop the deal.

Baan USA Inc., BAANF

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EU approves acquisition of Baan by Invensys of U.K

Article Abstract:

Invensys PLC's proposed acquisition of Baan NV has been approved by the European Commission (EC). Antitrust concerns had been raised about the planned merger.

European Union

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Invensys, aware of the risks, attempts to resuscitate Baan

Article Abstract:

Invensys PLC's acquisition of Baan Co. NV represents a major risk for the company. Invensys is acquiring the struggling Bahn for 762 million euros in cash.

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