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Schaeffler offers to buy Vitesco shares from public to enable planned merger, ET Auto

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 be accepted as of now until December 15, 2023. Tender offer is not subject to a minimum acceptance threshold ....

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Schaeffler (OTCMKTS:SCFLF) Reaches New 1-Year Low at $5.06

Shares of Schaeffler AG (OTCMKTS:SCFLF – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $5.06 and last traded at $5.06, with a volume of 0 shares trading hands. The stock had previously closed at $5.06. Schaeffler Stock Performance The firm’s fifty day moving […] ....

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Siemens and Microsoft partner to drive cross-industry AI adoption

Siemens and Microsoft partner to drive cross-industry AI adoption
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Schaeffler (OTCMKTS:SCFLF) Reaches New 52-Week Low at $5.06

Schaeffler AG (OTCMKTS:SCFLF – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $5.06 and last traded at $5.06, with a volume of 4000 shares. The stock had previously closed at $5.50. Schaeffler Stock Down 8.0 % The stock has a 50 day […] ....

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