Bidding

EQS-News: GK Software SE publishes joint reasoned statement of the Management Board and the Supervisory Board on the public delisting offer of Fujitsu ND Solutions AG

Retrieved on: 
Saturday, May 27, 2023
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Fujitsu, Frankfurt Stock Exchange, Delisting, Supervisory board, Software, Business analyst, Internet, Custodian bank, Supervision, GK Software, Property management, Auction, Bidding

The Management Board and the Supervisory Board of GK Software SE ("GK Software" and the "Company") have today published a joint reasoned statement on the public delisting offer (öffentliches Delisting-Erwerbsangebot) by Fujitsu ND Solutions AG (the "Bidder") to acquire all shares in GK Software SE not already directly held by the Bidder (the "Offer") pursuant to section 27 of the German Securities Acquisition and Takeover Act ("WpÜG") (the "Statement").

Key Points: 
  • The Management Board and the Supervisory Board of GK Software SE ("GK Software" and the "Company") have today published a joint reasoned statement on the public delisting offer (öffentliches Delisting-Erwerbsangebot) by Fujitsu ND Solutions AG (the "Bidder") to acquire all shares in GK Software SE not already directly held by the Bidder (the "Offer") pursuant to section 27 of the German Securities Acquisition and Takeover Act ("WpÜG") (the "Statement").
  • Against this background, the Management Board and the Supervisory Board support the Offer and recommend the GK Software shareholders to accept it.
  • The delisting offer is intended to create the conditions for the withdrawal of GK Software from the Frankfurt Stock Exchange.
  • The Bidder was already able to acquire 68.03 % of the GK Software shares in the course of the public takeover offer.

EQS-News: Atlantic BidCo’s voluntary public takeover offer for Aareal Bank AG to be closed

Retrieved on: 
Monday, May 22, 2023
European Central Bank, Aareal Bank, Housing, Bidding, Digital Solutions, Central bank, Advent International, Acquisition, Investment, ECB, International investment agreement, Growth, Digital, Bank, Centerbridge Partners, Environment, CPP Investment Board, Software, Security (finance)

Atlantic BidCo had secured around 84 per cent of Aareal Bank shares at an offer price of €33.00 per share in the course of a voluntary public takeover offer last year.

Key Points: 
  • Atlantic BidCo had secured around 84 per cent of Aareal Bank shares at an offer price of €33.00 per share in the course of a voluntary public takeover offer last year.
  • At completion, the Bidder said it will own around 90 per cent of the shares.
  • Following the closing of the transaction, Aareal Bank Group will continue to pursue its strategic goals based on the “Aareal Next Level” strategy.
  • Jochen Klösges, CEO of Aareal Bank said, “Aareal Bank Group has demonstrated that its strategy is viable even under very challenging conditions.

EQS-News: Atlantic BidCo GmbH: Atlantic BidCo receives all regulatory approvals to complete the voluntary public takeover offer for Aareal Bank AG – Settlement of takeover offer expected in June

Retrieved on: 
Monday, May 22, 2023
FGS Global, European Central Bank, Aareal Bank, Bidding, CPP Investment Board, Central bank, Advent International, FGS, EUR, ECB, TEL, Centerbridge Partners, Security (finance), Holding company

Frankfurt, 22 May 2023 – Atlantic BidCo GmbH (the “Bidder”) today announced that, following the approval by the European Central Bank (“ECB”), it has now obtained all regulatory clearances related to the voluntary public takeover offer for the shares of Aareal Bank AG (“Aareal Bank”).

Key Points: 
  • Frankfurt, 22 May 2023 – Atlantic BidCo GmbH (the “Bidder”) today announced that, following the approval by the European Central Bank (“ECB”), it has now obtained all regulatory clearances related to the voluntary public takeover offer for the shares of Aareal Bank AG (“Aareal Bank”).
  • With today’s approval by the ECB, all offer conditions have now been fulfilled and the settlement of the takeover offer will take place by 7 June 2023.
  • Shareholders that accepted the offer will receive the consideration of EUR 33.00 per tendered Aareal Bank share.
  • Following closing of the takeover offer, the Bidder will own approximately 90 percent of the share capital and the voting rights of Aareal Bank.

EQS-News: BAUER Aktiengesellschaft: Reasoned opinion on the delisting acquisition offer of SD Thesaurus GmbH published

Retrieved on: 
Monday, May 22, 2023
Bidding, Internet, Supervisory board, Howard Johnson Co. v. Detroit Local Joint Executive Board, Acquisition, ISIN, Section 27 of the Canadian Charter of Rights and Freedoms, SD, Audit

Schrobenhausen, Germany – In accordance with the requirements of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, "WpÜG"), the Executive Board and the Supervisory Board of BAUER AG today published their joint reasoned opinion on the mandatory offer and delisting acquisition offer (cash offer) of SD Thesaurus GmbH ("Bidder") for the shares of BAUER AG (ISIN DE0005168108) published on May 12, 2023.

Key Points: 
  • Schrobenhausen, Germany – In accordance with the requirements of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, "WpÜG"), the Executive Board and the Supervisory Board of BAUER AG today published their joint reasoned opinion on the mandatory offer and delisting acquisition offer (cash offer) of SD Thesaurus GmbH ("Bidder") for the shares of BAUER AG (ISIN DE0005168108) published on May 12, 2023.
  • Independently of each other, after intensive consultation, they are of the opinion, as detailed in the opinion that the offer is in the interest of the Company as a whole.
  • The joint reasoned opinion of the Executive Board and the Supervisory Board of BAUER AG has been published in German on the internet at https://www.bauer.de/ in the section "Investor Relations" pursuant to section 27 WpÜG.
  • The acceptance period of the delisting acquisition offer by SD Thesaurus GmbH is expected to end on June 16, 2023 at 24:00 hours.

EQS-News: SWOCTEM GmbH publishes acceptance rate for voluntary public takeover offer for shares of Klöckner & Co SE after expiry of initial acceptance period

Retrieved on: 
Monday, May 1, 2023
Bidding, OR, Disclosure, COUNTRY, Tier, Person, Judgement, Physikalisch-Technische Bundesanstalt, Knowledge, Federal republic, 2013 German federal election, Security (finance)

E.h. Friedhelm Loh, today announced the acceptance rate for the voluntary public takeover offer for shares of Klöckner & Co SE after the expiry of the first acceptance period.

Key Points: 
  • E.h. Friedhelm Loh, today announced the acceptance rate for the voluntary public takeover offer for shares of Klöckner & Co SE after the expiry of the first acceptance period.
  • Up to the reporting deadline on April 25, 2023, the offer has been accepted for a total of 2,762,114 Klöckner Shares.
  • This corresponds to a share of approximately 2.77 % of the registered share capital and the existing voting rights of Klöckner & Co SE.
  • This announcement constitutes neither an offer to purchase nor a solicitation of an offer to sell shares in Klöckner & Co SE.

EQS-News: GK Software SE publishes joint reasoned statement of the Management Board and the Supervisory Board on the voluntary public takeover offer by Fujitsu ND Solutions AG

Retrieved on: 
Saturday, April 15, 2023
Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Freshfields Bruckhaus Deringer, Bidding, Supervisory board, Software, Internet, EUR, Fujitsu, Supervision, GK Software, Hand, Security (finance), Property management, Auction

Offer is in the best interest of the Company, its shareholders, employees and other stakeholders, and offer consideration of 190 euros per GK Software Share is fair and adequate

Key Points: 
  • Offer is in the best interest of the Company, its shareholders, employees and other stakeholders, and offer consideration of 190 euros per GK Software Share is fair and adequate
    The Management Board and the Supervisory Board of GK Software SE ("GK Software" and the "Company") have today published a joint reasoned statement on the voluntary public takeover offer of Fujitsu ND Solutions AG (the "Bidder") to all shareholders of GK Software SE (the "Offer") pursuant to section 27 of the German Securities Acquisition and Takeover Act ("WpÜG") (the "Statement").
  • The Statement states that the Management Board and the Supervisory Board have each independently reviewed and evaluated the Offer Document published by the Bidder and the terms and conditions of the Offer.
  • The Management Board and the Supervisory Board are also of the opinion that the offer consideration of 190.00 euros per GK Software share is fair and adequate.
  • Against this background, the Management Board and the Supervisory Board support the Offer and recommend the GK Software shareholders to accept it.

EQS-News: SWOCTEM GmbH publishes voluntary public takeover offer for shares of Klöckner & Co SE

Retrieved on: 
Tuesday, March 28, 2023
Bidding, OR, Disclosure, COUNTRY, Tier, Person, Judgement, SDAX, Federal Financial Supervisory Authority, MAC, Knowledge, Federal republic, 2013 German federal election, Security (finance)

E.h. Friedhelm Loh has published today, the offer document related to the voluntary public takeover offer to acquire all no-par value registered shares of Klöckner & Co SE not already held directly by SWOCTEM GmbH following the approval by the German Federal Financial Supervisory Authority (BaFin).

Key Points: 
  • E.h. Friedhelm Loh has published today, the offer document related to the voluntary public takeover offer to acquire all no-par value registered shares of Klöckner & Co SE not already held directly by SWOCTEM GmbH following the approval by the German Federal Financial Supervisory Authority (BaFin).
  • Shareholders of Klöckner & Co SE can tender their shares from today until April 25, 2023, 24:00 (local time Frankfurt am Main) resp.
  • The cash offer price in the amount of 9.75 Euro per share of Klöckner & Co SE complies with the statutory requirements.
  • This announcement is for information purposes only and constitutes neither an offer to purchase nor a solicitation of an offer to sell shares in Klöckner & Co SE (“Klöckner Shares”).

MEZZ Launches Bidding-Backed Collateral Extension for DeFi

Retrieved on: 
Wednesday, March 8, 2023
Maker, Acquisition, Non-fungible token, Kitts, ETH, Bidding, NFT, Decentralized finance, Cryptocurrency, Auction

Saint Kitts and Nevis, Basseterre--(Newsfile Corp. - March 8, 2023) - MEZZ, a smart contract protocol, has launched a DeFi platform for users to engage in acquisition and liquidation of NFTs and other crypto assets through bidding-backed collateral extension.

Key Points: 
  • Saint Kitts and Nevis, Basseterre--(Newsfile Corp. - March 8, 2023) - MEZZ, a smart contract protocol, has launched a DeFi platform for users to engage in acquisition and liquidation of NFTs and other crypto assets through bidding-backed collateral extension.
  • The MEZZ token is the utility token of the MEZZ platform.
  • After the transaction has been executed, a MEZZ contract holds the Target Asset in escrow until the Maker repays the borrowed ETH plus interest.
  • On the MEZZ platform, Makers can cancel, update, or reactivate their deals prior to it being accepted by a Bidder.

EQS-News: SWOCTEM GmbH intends to increase its stake in Klöckner & Co SE and announces voluntary public takeover offer

Retrieved on: 
Thursday, March 16, 2023
Person, German Federation of Consumer Organisations v Planet49 GmbH, Federal Financial Supervisory Authority, ISIN, Disclosure, Judgement, MAC, OR, Bidding, Steel, Knowledge, COUNTRY, Tier, Federal republic, Physikalisch-Technische Bundesanstalt, Security (finance)

E.h. Friedhelm Loh decided on March 13, 2023, to make a voluntary public takeover offer to the shareholders of Klöckner & Co SE.

Key Points: 
  • E.h. Friedhelm Loh decided on March 13, 2023, to make a voluntary public takeover offer to the shareholders of Klöckner & Co SE.
  • With the offer, SWOCTEM GmbH aims to increase its existing shareholding in Klöckner & Co SE to over 30 % and thus to have more flexibility to buy shares in the future without having to make a mandatory offer.
  • SWOCTEM GmbH is already a long-term anchor shareholder and Prof. Friedhelm Loh is a member of the supervisory board of Klöckner & Co SE.
  • This announcement constitutes neither an offer to purchase nor a solicitation of an offer to sell shares in Klöckner & Co SE.

EQS-News: EQT Private Equity secures 85.75 percent of all issued shares in takeover offer for va-Q-tec

Retrieved on: 
Saturday, March 11, 2023
Takeover, PJSC, Private, Mubadala Investment Company, Bidding, EQT, Real estate

THE INFORMATION CONTAINED IN THIS DOCUMENT IS NOT FOR PUBLICATION, DISPATCH, DISTRIBUTION OR OTHER DISSEMINATION (IN WHOLE OR IN PART) IN COUNTRIES WHERE THIS WOULD BE ILLEGAL.

Key Points: 
  • THE INFORMATION CONTAINED IN THIS DOCUMENT IS NOT FOR PUBLICATION, DISPATCH, DISTRIBUTION OR OTHER DISSEMINATION (IN WHOLE OR IN PART) IN COUNTRIES WHERE THIS WOULD BE ILLEGAL.
  • Frankfurt, 10 March 2023 – Fahrenheit AcquiCo GmbH (the “Bidder”), a holding company controlled by the EQT X fund (“EQT Private Equity”), supported by co-investors Mubadala Investment Company PJSC (“Mubadala”) and the Sixth Cinven Fund (“Cinven”), has secured 85.75 percent of all issued shares of va-Q-tec AG (“va-Q-tec”; ISIN: DE0006636681) in its voluntary public takeover for va-Q-tec (the “Takeover Offer”), including the shares held by va-Q-tec’s founding families.
  • Closing of the Takeover Offer, which remains subject to receipt of the requisite merger control clearances, is currently expected to occur by Q2 2023.
  • Following closing of the Takeover Offer, the Bidder intends to enter into a domination and profit and loss transfer agreement with va-Q-tec and to pursue a delisting of the company.