Avnet extends Horizon deadline

Distribution giant gives Horizon shareholders more time to make up their minds

More time to decide: Avnet has extended the Horizon shareholder deadline

Avnet has extended the deadline for Horizon Technology shareholders to accept its acquisition of the Irish firm.

According to an article in the Irish Times, the deadline is being extended to 30 June.

Avnet also revealed that 80.89 per cent of shareholders, accounting for 66.6 million shares, have accepted the €1.18 per share cash offer.