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Article: DGAP-News Joint Statement of the Management Board and Supervisory Board regarding the Voluntary Public Takeover Offer.
- Article from:
- Business Wire
- Article date:
- September 1, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...