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Third party research

Precise Biometrics: Merger with Fingerprint Cards - VH Corp

Precise Biometrics

This is a third party research report and does not necessarily reflect our views or values

Download report (PDF)
* 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

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.
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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.