Raspberry Pi maker to sell company for £615m to Swiss Dätwyler
by Sean Farrell from on (#1H518)
Shares in Premier Farnell, maker of 20 educational computer for children, rise by 50% as sale is announced
Premier Farnell, the maker of the low-cost Raspberry Pi mini computer, has agreed to sell itself for 615m to the Swiss industrial components maker Ditwyler.
The Leeds-based electronic components distributor said Ditwyler would pay 165p in cash for each Premier Farnell share - 51% more than the UK company's closing share price on 13 June. Premier Farnell shares rose 50% to 163.5p.
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