Article: DGAP-News Joint Statement of the Management Board and Supervisory Board regarding the Voluntary Public Takeover Offer.

MUNICH -- EPCOS AG / Offer/Statement

Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.

 
Management Board and Supervisory Board recommend that EPCOS 
shareholders accept cash offer from TDK 

* Management Board and Supervisory Board regard the offered cash consideration of EUR 17.85 per EPCOS share as adequate

* Fairness opinion of UBS Investment Bank confirms that the consideration is adequate

* EPCOS to remain a listed German corporation

* As a strategically oriented and financially strong majority shareholder, TDK will bring added ...

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