EQS-News: Kontron gains control of Katek SE – mandatory offer follows
Linz, 29 February 2024 –Kontron AG, a world’s leading provider of IoT technology, gained control of the listed company KATEK SE via Kontron Acquisition GmbH.
- Linz, 29 February 2024 –Kontron AG, a world’s leading provider of IoT technology, gained control of the listed company KATEK SE via Kontron Acquisition GmbH.
- Following today’s acquisition of control over Katek SE, Kontron Acquisition GmbH will publish a mandatory offer to the shareholders of Katek SE in the coming weeks in accordance with the provisions of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz).
- The bidder intends to issue the mandatory offer as a simultaneous delisting acquisition offer to enable the revocation of the admission of the shares of KATEK SE for trading on the Regulated Market of the Frankfurt Stock Exchange.
- In addition, Kontron is also working on an exchange offer involving Kontron shares, which will be open to KATEK shareholders as an alternative.