Precise Biometrics: Merger with Fingerprint Cards - VH Corp
* CEO Joakim Nydemark comments in a video interview * Four strategic reason for the proposed deal * Awaiting the outcome, we keep our fair value at SEK 4.89 per share
ANNONS
Precise Biometrics (Precise) and Fingerprint Cards (FPC) recently announced a merger of equals, aiming to create a global leader in biometric solutions. The current market cap of FPC amounts to approximately MSEK 112, whereas Precise’s market cap is around MSEK 145. In a recent video interview, Precise’s CEO, Joakim Nydemark, talked about FPC, the time plan and the benefits of the proposal. Our coverage of Precise will continue. Awaiting the outcome of the merger proposition, we will follow-up the Q1 report due May 13. We keep our fair value per share of SEK 4.89.
