The takeover by Midea is going according to plan. On 16 June 2016, Midea submitted the tender document. All KUKA shareholders received a voluntary takeover bid in the form of a cash offer worth €115 per share. The initial period for accepting the deal ended on 15 July and the extended acceptance period on 3 August 2016. On 8 August, Midea owned 94.55% of KUKA. The settlement and payment for the shareholders who accepted the offer may take until March 2017. The shares which were already t
09 Nov 2016
Split performance with two types of shares
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Split performance with two types of shares
- Published:
09 Nov 2016 -
Author:
Heinz Steffen -
Pages:
2
The takeover by Midea is going according to plan. On 16 June 2016, Midea submitted the tender document. All KUKA shareholders received a voluntary takeover bid in the form of a cash offer worth €115 per share. The initial period for accepting the deal ended on 15 July and the extended acceptance period on 3 August 2016. On 8 August, Midea owned 94.55% of KUKA. The settlement and payment for the shareholders who accepted the offer may take until March 2017. The shares which were already t