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November 15, 2023
Schaeffler AG Publishes Offer Document for Voluntary Public Tender ...
November 15, 2023
The first step of a planned three-step transaction leading to the merger of Vitesco into Schaeffler and creating a leading Motion Technology company. Offer price of EUR 91 per share represents an attractive premium of around 20%t on the 3-month volume-weighted average share price of Vitesco. The Vitesco shareholders have the choice of tendering their shares or benefiting from the expected significant synergies by retaining their shares until the planned merger with Schaeffler. Tender offer can b...
October 9, 2023
Schaeffler has decided to launch a public tender offer for all outstanding shares in Vitesco Technologies to create a leading