Bidding

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

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

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

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

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

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.

EQS-News: GK Software: ​​​​​​​Fujitsu announces voluntary public takeover offer | GK Software and Fujitsu enter into Business Combination Agreement | CEO Rainer Gläß to withdraw from the Company’s ...

Retrieved on: 
Wednesday, March 1, 2023

The Executive Board and the Supervisory Board of GK, both of which have approved the conclusion of the Business Combination Agreement, welcome and support the announced offer.

Key Points: 
  • The Executive Board and the Supervisory Board of GK, both of which have approved the conclusion of the Business Combination Agreement, welcome and support the announced offer.
  • Fujitsu has announced that the takeover offer is subject to a minimum acceptance threshold of 55 % of the Company's share capital.
  • In these agreements, they undertake to tender all GK shares held by them into the public takeover offer.
  • It was also agreed between CEO Rainer Gläß and GK Software that Mr. Gläß will withdraw from the Company's Executive Board if the takeover offer is successful.

EQS-News: EQT Private Equity exceeds minimum acceptance threshold in takeover offer for va-Q-tec

Retrieved on: 
Wednesday, February 22, 2023

Shareholders of va-Q-tec that have not yet accepted the Takeover Offer can tender their shares during the additional acceptance period for EUR 26.00 per share in cash.

Key Points: 
  • Shareholders of va-Q-tec that have not yet accepted the Takeover Offer can tender their shares during the additional acceptance period for EUR 26.00 per share in cash.
  • The additional acceptance period is expected to commence on 22 February 2023 and end at midnight (CET) on 7 March 2023.
  • Having reached the minimum acceptance threshold, EQT Private Equity and the co-investors look forward to strategically enabling va-Q-tec to realize its full potential.
  • EQT Private Equity is supported by UBS Europe SE as its sole financial advisor and by Milbank as legal advisor.

EQS-News: va-Q-tec: Shareholders pave way for strategic partnership with EQT Private Equity and support takeover offer

Retrieved on: 
Wednesday, February 22, 2023

Taking into account the va-Q-tec shares held by the founding families, the Bidder has already secured more than 70 % of all issued shares in the Company.

Key Points: 
  • Taking into account the va-Q-tec shares held by the founding families, the Bidder has already secured more than 70 % of all issued shares in the Company.
  • In EQT we gain a financially strong and entrepreneurial partner which shares our vision and supports the company’s long-term development and growth.
  • Subject to the requisite merger control clearances, the Takeover Offer is expected to be completed not later than in the second quarter of 2023.
  • The Bidder’s offer document is solely binding for the Offer itself.

EQS-News: va-Q-tec announces acceptance rate for EQT Private Equity’s Takeover Offer after end of initial acceptance period

Retrieved on: 
Wednesday, February 22, 2023

The acceptance rate amounts to 73.89% of all va-Q-tec shares currently issued, thereby above the minimum acceptance threshold of 62.5%.

Key Points: 
  • The acceptance rate amounts to 73.89% of all va-Q-tec shares currently issued, thereby above the minimum acceptance threshold of 62.5%.
  • va-Q-tec shareholders who have not yet accepted the Takeover Offer can tender their shares for EUR 26.00 per share during an additional acceptance period from 22 February 2023 to 7 March 2023, 24:00 hours (CET).
  • All relevant details regarding the acceptance of the Offer during the further Acceptance Period are set out in the offer document, which is available on the Bidder’s website at http://www.offer-eqt.com .
  • va-Q-tec shareholders should contact their depositary bank directly in order to tender their shares in the Takeover Offer.

EQS-News: va-Q-tec AG: Acceptance period for EQT Private Equity’s takeover offer for va-Q-tec ends on 16 February 2023

Retrieved on: 
Monday, February 13, 2023

The acceptance period for the voluntary public takeover offer by Fahrenheit AcquiCo GmbH (“Bidder”), a holding company controlled by EQT Private Equity, at the offer price of EUR 26.00 per share is expected to end on 16 February 2023, 24:00 hours (Central European Time).

Key Points: 
  • The acceptance period for the voluntary public takeover offer by Fahrenheit AcquiCo GmbH (“Bidder”), a holding company controlled by EQT Private Equity, at the offer price of EUR 26.00 per share is expected to end on 16 February 2023, 24:00 hours (Central European Time).
  • [1] Among other measures, the Bidder intends to initiate a delisting of va-Q-tec following the completion of the takeover offer.
  • All relevant details regarding the acceptance of the offer are set out in the offer document, which is available on the Bidder’s website: http://www.offer-eqt.com .
  • Shareholders should contact their depositary bank directly in order to tender their shares to the takeover offer.