As discussed earlier, Voith’s management had already prepared a takeover offer for KUKA and was taken by surprise when Midea offered €115 per share. According to the press, Midea is only interested in buying a stake in KUKA up to 49% (appeasement policy). Therefore KUKA’s management is looking for large investors and family offices to participate. The only way to attract these investors is to offer an attractive dividend yield of at least 2% or €2.30 per share. For 2015,
30 Jun 2016
Over and out?!
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Over and out?!
- Published:
30 Jun 2016 -
Author:
Heinz Steffen -
Pages:
2
As discussed earlier, Voith’s management had already prepared a takeover offer for KUKA and was taken by surprise when Midea offered €115 per share. According to the press, Midea is only interested in buying a stake in KUKA up to 49% (appeasement policy). Therefore KUKA’s management is looking for large investors and family offices to participate. The only way to attract these investors is to offer an attractive dividend yield of at least 2% or €2.30 per share. For 2015,