ISIN:DE000SHA0159

EQS-News: Schaeffler und Vitesco schließen Verschmelzungsvertrag

Retrieved on: 
Mittwoch, April 10, 2024
Zusammenhang, Einberufung, Hauptversammlung, Gesetz, Unterlagen, Schaeffler, Vitesco Technologies, Information, Aktie, Technologie, Gruppe, Verkauf, Angebot, Kauf, Wertpapier, Bestimmung, Erlaubnis, Finanzmarktaufsicht, Bundesanstalt für Finanzdienstleistungsaufsicht, Person, Registrierung, Zulassung, Genehmigung, Bundesrepublik, Verantwortung, Rechtsnorm, Amerika, Abgabe, Werbung, Vorschrift, Rechtsordnung, Intrahandel, Verteilung, Mitglied, Union, Wirtschaftsraum, Haftung, Gesellschaft, Aussage, Absicht, Ansicht, Erwartung, Annahme, Zukunft, Planung, Prognose, Richtigkeit, Pflicht, Entwicklung, Ereignis, Randbedingung, Faktor

EQS-News: Schaeffler and Vitesco enter into merger agreement

Retrieved on: 
Mittwoch, April 10, 2024
Annual, EUR, Knowledge, Mass meeting, Federal republic, Annual general meeting, European, Invention, Person

Herzogenaurach |March 13, 2024 | Schaeffler and Vitesco today entered into a merger agreement, following the approval of their respective Supervisory Boards.

Key Points: 
  • Herzogenaurach |March 13, 2024 | Schaeffler and Vitesco today entered into a merger agreement, following the approval of their respective Supervisory Boards.
  • The agreement sets out the legally binding terms and conditions for the merger of Vitesco Technologies Group AG (“Vitesco”) into Schaeffler AG (“Schaeffler”).
  • Thus, Vitesco shareholders will receive 11.4 Schaeffler shares in exchange for one Vitesco share.
  • Klaus Rosenfeld, CEO of Schaeffler AG, said: “The signing of the merger agreement marks another important milestone in the implementation of the transaction.

EQS-News: Schaeffler AG platziert erfolgreich Anleihe in Höhe von 850 Millionen Euro

Retrieved on: 
Mittwoch, April 10, 2024
Joint, Bookrunner, Direktor, Mitarbeiter, Beratung, Vertreter, Verantwortung, Haftung, Richtigkeit, Zusicherung, Information, Bezug, Schaeffler, Tochtergesellschaft, Unternehmen, Form, Verlust (Militär), Art, Verwendung, Zusammenhang, Emission, Anleihe, Anleger (Finanzmarkt), Konto, Wertpapier, Eigenschaft, Investition, Verordnung, NR, Fassung, Produktinformationsblatt (Finanzberatung), Angebot, Verkauf, EWR, Zwecke, Bestimmung, Begriff, Person, Kriterium, Sinne, Artikel, Punkt, The European, Union, ACT, Links und rechts, Kunde, FSMA, Vorschrift, Rahmen, Umsetzung, Richtlinie, Absatz, Anleger, Verordnung (EU) 2017/1129 (Prospektverordnung)

EQS-News: Schaeffler AG successfully places a bond in the amount of 850 million euros

Retrieved on: 
Mittwoch, April 10, 2024
Deutsche Bank, Citigroup, BofA Securities, Acquisition, AMERICA, BNP Paribas, Luxembourg Stock Exchange, Security (finance)

NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN

Key Points: 
  • NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN
    Herzogenaurach, Germany | March 22, 2024 | Yesterday, Schaeffler AG successfully placed a corporate bond with a volume of 850 million euros with international investors.
  • The issuance comprises a euro bond in the amount of 850 million euros with an interest rate of 4.50 percent p.a.
  • The bond placement was carried out under Schaeffler’s current debt issuance program and will be used to refinance the acquisition of the shares in Vitesco Technologies Group AG and to further optimize the financing structure of Schaeffler AG.
  • Claus Bauer, Chief Financial Officer of Schaeffler AG, said: “With the most recent bond issuance, we have succeeded in optimizing the financing structure of Schaeffler AG even further.

EQS-News: Schaeffler Group reappoints CEOs of both automotive divisions

Retrieved on: 
Mittwoch, März 13, 2024
Engineering, Marketing, Vitesco Technologies, Supervisory board, University, Automotive aftermarket, Herzogenaurach, Economics, Bearing, Management

Matthias Zink (54) has been a member of the Executive Board and the CEO of Schaeffler’s Automotive Technologies division since January 1, 2017.

Key Points: 
  • Matthias Zink (54) has been a member of the Executive Board and the CEO of Schaeffler’s Automotive Technologies division since January 1, 2017.
  • Matthias Zink began his working life in 1994 as a test engineer with the LuK Group, which became wholly owned by Schaeffler in 2000.
  • In the years that followed, he held various leadership positions in the Automotive Technologies division, among others in China.
  • Matthias Zink holds a degree in mechanical engineering with a major in automotive engineering from the University of Karlsruhe.

EQS-News: Schaeffler kündigt neuen Automotive-Produktionsstandort in den USA an

Retrieved on: 
Mittwoch, März 13, 2024
Entwickler, Bundesstaat der Vereinigten Staaten, Zukunft, Investition, US-Dollar, Ausbau, Werk, Wooster, Motion, Technology, Company, Produktion, Komponente, Systeme, Automobile, Bau, Lage, Quadratmeter, Infrastruktur, Entwicklung, System, Standort, Technologie, Maschine, Produkt, Achse, Bekenntnis, Beweis, Kunden, Lieferant, Gründerzentrum, Partner, Elektromotor, Antrieb, Partnerschaft, University, OSU, Batterie (Elektrotechnik), Spatenstich, Anfang, Region, Amerika, South, Carolina, U.S., Inflation, ACT, Applikation, Belegschaft, Gruppe, Erfindung, Bereich

EQS-News: Schaeffler Announces New Automotive Manufacturing Facility

Retrieved on: 
Mittwoch, März 13, 2024
CNC, Light, Research, USD, Investment, Welding, City, OSU, Growth, Original equipment manufacturer, Schaeffler Group, Research and development, Plant, Ohio State University, Development, Renewable energy

Planned investment of over USD 230 million in state-of-the-art manufacturing facility and future expansion in Ohio, USA until 2032

Key Points: 
  • Planned investment of over USD 230 million in state-of-the-art manufacturing facility and future expansion in Ohio, USA until 2032
    Herzogenaurach, Germany / Fort Mill, S.C., USA | February 26, 2024 | Global motion technology company Schaeffler announces the expansion of its operations in the U.S. with the addition of a new manufacturing facility focused on producing automotive electric mobility solutions.
  • Schaeffler is investing over USD 230 million in building the new greenfield manufacturing facility, strategically located in Dover, Ohio, as well as future expansions in the state until 2032.
  • These jobs will lead to growth at the company’s current facility in Wooster, Ohio, and the new manufacturing facility in Dover.
  • The new manufacturing facility location is in the proximity of Schaeffler’s customers, major automotive OEMs, strategic suppliers, rail, access to highways and to the company’s Wooster facility, which specializes in the manufacturing of transmission systems and serves as an innovation hub for automotive electric mobility.

EQS-News: Verträge der Vorstände der beiden Automotive-Sparten der Schaeffler Gruppe verlängert

Retrieved on: 
Mittwoch, März 13, 2024
Aufsichtsrat, Sitzung, Vorstand, Wirkung, Mitglied, CEO, Automobilindustrie, Technologie, Gruppe, Karriere, Bestellung, Aftermarket, Vertrieb, Marketing, Region, Amerika, Anschluss, Fusion, Vitesco Technologies, Quartal, Sparten, Elektromobilität, Antriebsstrang, Chassis, Lifetime, Peilung, Industrial, Otto Zaps, Wandel, Zeichen, Georg, F., Transformation, Nutzen, Stakeholder, Aussage, Reihe, Risiko, Annahme, Ergebnis, Entwicklung, Trends, Vergangenheit, Zukunft, Warnhinweis, Zusammenhang, Person, Erfindung, Bereich, Motion, Technology, Familienunternehmen, Patentanmeldung, DPMA, Marke (Recht), Platz, Rangordnung, Unternehmen

EQS-News: Schaeffler publishes Sustainability Report 2023

Retrieved on: 
Mittwoch, März 13, 2024
CFO, Sustainability, Schaeffler Group, Friction, Education, Risk management, Targets, Plant, Carbon accounting, ESG, Social responsibility, CDP, Safety, Climate change, Health, Global warming potential, Automotive aftermarket, CO2, Guideline, Policy, Science Based Targets initiative, Electricity, Remuneration, Science, Workforce, Herzogenaurach, Renewable energy

With the publication of the Sustainability Report 2023, the company is not only creating transparency for its stakeholders but also highlighting its progress.

Key Points: 
  • With the publication of the Sustainability Report 2023, the company is not only creating transparency for its stakeholders but also highlighting its progress.
  • As Schaeffler CEO Klaus Rosenfeld comments: “Sustainability is an integral part of our corporate strategy.
  • As part of the Roadmap 2025, “Sustainability & Engagement” is the subprogram under which Schaeffler will ensure the consistent implementation of its sustainability strategy and the achievement of its sustainability goals.
  • The Schaeffler Group’s Sustainability Report provides information on the company’s key areas of focus in 2023 and on developments in key figures and objectives within the Schaeffler Group.