Gemalto wooed by Thales’ massive wallet

Some will say it isn’t all about size but what you do with it. That doesn’t seem to be the case as Gemalto execs gasp in amazement as Thales flops out its throbbing bid.
Thales has stepped into the game with a bid of €51 per share, roughly a 6% premium on the closing price prior to the weekend, totalling €4.76 billion. Gemalto executives have told local press the pair have been in discussions for months, though the somewhat-surprising entry of Thales has beat back suitor At