# AVEVA completes acquisition of OSIsoft

- Link: https://www.directorstalkinterviews.com/aveva-completes-acquisition-of-osisoft/412969830
- Published: 2021-03-19T07:07:24+00:00
- Author: Amilia Stone

**AVEVA plc** (LON:AVV), a global leader in engineering and industrial software,
has announced that the successful completion of the acquisition of OSIsoft took 
place today. The acquisition enhances AVEVA’s ability to accelerate the digital 
transformation of the industrial world.

In connection with Completion, 13,655,570 ordinary shares of 3 ^(5)/_(9) pence each
in the capital of the Company were allotted and issued to Estudillo Holdings LLC
subject only to admission of the Consideration Shares to the premium listing segment
of the Official List of the FCA and to trading on the London Stock Exchange’s main
market for listed securities.

Admission is expected to occur at 8.00 a.m. (GMT) on Monday, 22 March 2021. Following
the allotment and issuance of the Consideration Shares, Estudillo, a company majority
owned by Dr. J. Patrick Kennedy and his family, will hold a 4.5% shareholding in
AVEVA.

Share on: