Skip to content

KUKA confirms success of takeover offer for Swisslog

KUKA Aktiengesellschaft confirms that the takeover transaction for Swisslog was successful. The final acceptance quota of 80.47 percent is the same as that stated in the interim preliminary announcement, and is higher than minimum acceptance threshold of 66 2/3 percent. From today’s perspective, nothing stands in the way of completing the public offer. Now the … Continued

KUKA Aktiengesellschaft confirms that the takeover transaction for Swisslog was successful. The final acceptance quota of 80.47 percent is the same as that stated in the interim preliminary announcement, and is higher than minimum acceptance threshold of 66 2/3 percent.

From today’s perspective, nothing stands in the way of completing the public offer. Now the governing antitrust authorities have also approved KUKA AG’s plan to purchase Swisslog shares.

“I am very pleased about the broad acceptance of our offer and look forward to further excellent collaboration with Swisslog,” said KUKA AG’s CEO Dr .Till Reuter.

The period for acceptance of the offer after expiry of the original deadline begins on November 24, 2014 and is expected to end on December 5, 2014, 4:00 PM CET.

Welcome back , to continue browsing the site, please click here