Business Objects Plans Stock Offering On Paris Exchange.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--July 21, 1999-- Business Objects (Nasdaq:BOBJ BOBJ Business Objects SA ) today announced it plans to file a registration statement with the Securities and Exchange Commission and a prospectus with the Commission des Operations de Bourse bourse (b  rs), term applied to a European stock exchange. The first international bourse was established in Antwerp in the 16th cent. to cover the offering of approximately one million ordinary shares, all of which will be offered by the company. The offering will be made in connection with a listing on the Premier Marche Marche, region, Italy Marche (mär`kā) or the Marches, region (1991 pop. 1,429,205), 3,742 sq mi (9,692 sq km), E central Italy, extending from the eastern slopes of the Apennines to the Adriatic Sea. of the ParisBourse, and is expected to be completed in the fall of this year. The offering will be made only by means of a prospectus. The primary purposes of the offering are to enhance stock market access for European investors, and to increase Business Objects profile and stature stature /sta·ture/ (stach´ur) the height or tallness of a person standing.stat´ural stat·ure n. The height of a person. stature the height of an animal in the standing position. in the European business community. Business Objects is a leading provider of business intelligence software for client/server and internet environments. Information Regarding Forward Looking Statements This press release contains forward looking statements. Actual results may differ materially. Our ability to complete the listing and offering is subject to compliance with a number of regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. , to prevailing market conditions for technology stock offerings in Europe, and to the performance of our stock on the Nasdaq National Market. There can be no assurance that our shares will be admitted for listing on the Premier Marche of the ParisBourse or, even if admitted for listing, that we will be able to complete the offering. |
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