Squeeze-out

Opening of the simplified public tender offer initiated by ASSA ABLOY for the remaining outstanding shares of agta record

Retrieved on: 
星期四, 九月 17, 2020
Corporate law, Squeeze-out, Stock market, Agta, Assa Abloy, Assa, Assa, Euronext, Companies, Aeta languages, Business

STOCKHOLM, Sept. 17, 2020 /PRNewswire/ -- The simplified public tender offer launched by ASSA ABLOY on the remaining shares of agta record ag ("agta record") at the price of 70.58 EUR per share (the "Offer") opens today for a period of ten trading days.

Key Points: 
  • STOCKHOLM, Sept. 17, 2020 /PRNewswire/ -- The simplified public tender offer launched by ASSA ABLOY on the remaining shares of agta record ag ("agta record") at the price of 70.58 EUR per share (the "Offer") opens today for a period of ten trading days.
  • The Offer will be followed by the delisting of the agta record shares from Euronext Paris.
  • No squeeze-out procedure, or equivalent procedure, exists under French securities laws or Swiss securities laws applicable to agta record.
  • [1] Based on a total number of agta record shares of 13,334,200 (representing the same number of theoretical voting rights) minus 12,605,269 agta record shares directly and indirectly held by ASSA ABLOY as at 15 September 2020 and of 12,778 treasury shares held by agta record.

Opening of the simplified public tender offer initiated by ASSA ABLOY for the remaining outstanding shares of agta record

Retrieved on: 
星期四, 九月 17, 2020
Corporate law, Squeeze-out, Stock market, Agta, Assa Abloy, Assa, Assa, Euronext, Companies, Aeta languages, Business

STOCKHOLM, Sept. 17, 2020 /PRNewswire/ -- The simplified public tender offer launched by ASSA ABLOY on the remaining shares of agta record ag ("agta record") at the price of 70.58 EUR per share (the "Offer") opens today for a period of ten trading days.

Key Points: 
  • STOCKHOLM, Sept. 17, 2020 /PRNewswire/ -- The simplified public tender offer launched by ASSA ABLOY on the remaining shares of agta record ag ("agta record") at the price of 70.58 EUR per share (the "Offer") opens today for a period of ten trading days.
  • The Offer will be followed by the delisting of the agta record shares from Euronext Paris.
  • No squeeze-out procedure, or equivalent procedure, exists under French securities laws or Swiss securities laws applicable to agta record.
  • [1] Based on a total number of agta record shares of 13,334,200 (representing the same number of theoretical voting rights) minus 12,605,269 agta record shares directly and indirectly held by ASSA ABLOY as at 15 September 2020 and of 12,778 treasury shares held by agta record.

Liberty Global to Acquire 100% of Sunrise Communications Group by Tender Offer

Retrieved on: 
星期三, 八月 12, 2020
Technology, Internet, Telecommunications, Corporate finance, Finance, Financial markets, Stock market, Financial economics, Tender offer, Squeeze-out, NASDAQ

Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) announced today that, pursuant to the terms of a transaction agreement between Liberty Global and Sunrise Communications Group AG (SIX Swiss Exchange: SRCG), Liberty Global has agreed to make an all cash public tender offer for all publicly held shares of Sunrise at a price of CHF110 per share.

Key Points: 
  • Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) announced today that, pursuant to the terms of a transaction agreement between Liberty Global and Sunrise Communications Group AG (SIX Swiss Exchange: SRCG), Liberty Global has agreed to make an all cash public tender offer for all publicly held shares of Sunrise at a price of CHF110 per share.
  • Under the terms of a transaction agreement between Liberty Global and Sunrise, Liberty Global has published a pre-announcement today for an all cash public tender offer for all publicly held shares of Sunrise at a price of CHF110 per share.
  • A pre-announcement, including the detailed conditions of the tender offer, is being published concurrently with this press release and a formal tender offer prospectus will be published to launch of the tender offer.
  • After completion of a successful offer, Liberty Global intends to initiate a squeeze-out procedure and delist Sunrise shares from trading on the SIX.

DGAP-News: ADO Properties S.A.: Acceptance period begins for ADO Properties' offer for outstanding WESTGRUND shares

Retrieved on: 
星期三, 五月 6, 2020
Corporate finance, Corporations, Mergers and acquisitions, Stock market, Economy, Tender offer, Takeover, Squeeze-out, Offer

- Acceptance period runs from May 6, 2020 to June 3, 2020

Key Points: 
  • - Acceptance period runs from May 6, 2020 to June 3, 2020
    Luxembourg, May 6, 2020 - ADO Properties S.A. ("ADO" or "the Bidder") today published the Offer Document for its voluntary public Takeover Offer and Delisting Tender Offer to the shareholders of WESTGRUND Aktiengesellschaft ("WESTGRUND") for the acquisition of all bearer shares in WESTGRUND (ISIN DE000A0HN4T3) following BaFin (Bundesanstalt fr Finanzdienstleistungsaufsicht) approval.
  • Beginning today, WESTGRUND shareholders can tender their shares at a price of EUR 11.74 per share which is based on an independent valuation assessment of WESTGRUND.
  • During the acceptance period, ADO will publish regular updates of the acceptance ratio in accordance with legal requirements.
  • As ADO has reached the shareholding required for a takeover squeeze-out, WESTGRUND shareholders who do not accept the Takeover Offer and Delisting Tender Offer by expiry of the additional acceptance period may still accept the Takeover Offer and Delisting Tender Offer within three months after expiry of the additional acceptance period, i.e.

SHAREHOLDER ALERT: WeissLaw LLP Reminds WLTW, HXL, and AVX Shareholders About Its Ongoing Investigations

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星期五, 三月 20, 2020
Companies, Corporate finance, Economy of Japan, Corporate law, Squeeze-out, Stock market, Tender offer, WLTW, AVX, Avengers vs. X-Men, Kyocera

Under the terms of the acquisition agreement, WLTW shareholders will receive 1.08 shares of AON for each share of WLTW they own, representing per-share merger consideration of $168.39 based on AONs March 18, 2020 closing price of $155.92.

Key Points: 
  • Under the terms of the acquisition agreement, WLTW shareholders will receive 1.08 shares of AON for each share of WLTW they own, representing per-share merger consideration of $168.39 based on AONs March 18, 2020 closing price of $155.92.
  • Under the terms of the merger agreement, Kyocera, which already owns 72% of AVXs outstanding common stock, will acquire all AVX shares it doesnt already own for $21.75 per share via an all-cash squeeze-out tender offer.
  • The tender offer expires on March 27, 2020.
  • If you own AVX shares and wish to discuss this investigation, your rights, or the tender of your shares, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/avx-corporation/

SHAREHOLDER ALERT: WeissLaw LLP Reminds EEI, BKJ, VIA, and UCFC Shareholders About Its Ongoing Investigations

Retrieved on: 
星期二, 十月 8, 2019
Financial markets, Finance, Money, Corporate finance, Stock market, Equity securities, Stock, Common stock, Shareholder, Squeeze-out

Under the terms of the proposed acquisition, EEI shareholders will receive $15.00 for each share they own.

Key Points: 
  • Under the terms of the proposed acquisition, EEI shareholders will receive $15.00 for each share they own.
  • Under the terms of the proposed acquisition, BKJ shareholders will receive $16.25 in cash and 0.78 of a ConnectOne common stock for each share they own.
  • Under the terms of the proposed acquisition, VIA shareholders will be entitled to receive 0.59625 shares of CBS common stock for each VIA share they own.
  • Under the terms of the proposed acquisition, UCFC shareholders will receive 0.3715 of a First Defiance common stock for each share they own.

SHAREHOLDER ALERT: WeissLaw LLP Reminds UBNK, NRCG, OLBK, and TRCB Shareholders About Its Ongoing Investigations

Retrieved on: 
星期二, 十月 8, 2019
Stock market, Economy, Finance, Corporations, Shareholder, Squeeze-out, Stock swap

Under the terms of the proposed acquisition, UBNK shareholders will receive $19.85 in cash for each share they own.

Key Points: 
  • Under the terms of the proposed acquisition, UBNK shareholders will receive $19.85 in cash for each share they own.
  • Under the terms of the proposed acquisition, NRCG shareholders will receive 0.196 shares of the new holding company for each share they own.
  • Under the terms of the proposed acquisition, OLBK shareholders will receive 0.7844 shares of WesBanco for each OLBK share they own.
  • Under the terms of the acquisition agreement, TRCB shareholders will receive $20.79 for each TRCB share they own.

SHAREHOLDER ALERT: WeissLaw LLP Reminds NRCG, NCI, CBM, and TRCB Shareholders About Its Ongoing Investigations

Retrieved on: 
星期五, 九月 6, 2019
Stock market, Economy, Corporations, Shareholder, Business, Squeeze-out, Stock swap

Under the terms of the proposed acquisition, NRCG shareholders will receive 0.196 shares of the new holding company for each share they own.

Key Points: 
  • Under the terms of the proposed acquisition, NRCG shareholders will receive 0.196 shares of the new holding company for each share they own.
  • Under the terms of the proposed acquisition, NCI shareholders will receive $28.00 in cash for each share they own.
  • Under the terms of the acquisition agreement, CBM shareholders will receive $60.00 in cash for each CBM share they own.
  • Under the terms of the acquisition agreement, TRCB shareholders will receive $20.79 for each TRCB share they own.

Searchlight Capital Partners Announces Its Intention to Launch a Friendly Cash Tender Offer on Latécoère at a Price of €3.85 Per Latécoère Share

Retrieved on: 
星期五, 六月 28, 2019
Packaging, Professional services, Manufacturing, Finance, Banking, Corporate finance, Tender offer, Stock market, Finance, Searchlight, Squeeze-out, Companies

Searchlight Capital Partners intends to implement the squeeze-out procedure at the outcome of its tender offer if the legal and statutory conditions are fulfilled.

Key Points: 
  • Searchlight Capital Partners intends to implement the squeeze-out procedure at the outcome of its tender offer if the legal and statutory conditions are fulfilled.
  • Searchlight Capital Partners currently holds circa 26% of the share capital and voting rights of Latcore.
  • The tender offer will also be subject to the statutory acceptance threshold of 50% of the share capital or voting rights of Latcore, as provided by the applicable French regulation.
  • Following contacts taken with Latcore in the context of the draft tender offer, Searchlight Capital Partners expresses its full support in the management team and in the Companys strategy.

Diebold Nixdorf Initiates Merger Squeeze-Out Of Its German Subsidiary

Retrieved on: 
星期三, 十一月 7, 2018
Diebold Nixdorf, Nixdorf, Squeeze-out, Diebold, Finance, Economy, Siemens, Money, Wincor Nixdorf

KGaA (Diebold KGaA), a wholly-owned direct subsidiary of Diebold Nixdorf, Inc.

Key Points: 
  • KGaA (Diebold KGaA), a wholly-owned direct subsidiary of Diebold Nixdorf, Inc.
  • This process includes a squeeze-out of the remaining minority shareholders of Diebold Nixdorf AG, utilizing funds set aside for this purpose.
  • As a result of the merger squeeze-out, Diebold Nixdorf AG will be eliminated as a separate corporate entity and the listing of Diebold Nixdorf AG shares on the Frankfurt Stock Exchange will be terminated.
  • "As previously announced, we are taking decisive steps to reduce cost and complexity in our business," said Gerrard Schmid, Diebold Nixdorf president and chief executive officer.