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Schaeffler AG Publishes Offer Document for Voluntary Public Tender Offer for Outstanding Shares of Vitesco Technologies Group AG – Acceptance Period Starts Today

Schaeffler AG Publishes Offer Document for Voluntary Public Tender Offer for Outstanding Shares of Vitesco Technologies Group AG – Acceptance Period Starts Today
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Frankfurt am mainUnited statesFederal republic of germanyRenata casaroKlaus rosenfeldPowertrain chassis divisionPublic affairsVehicle lifetime solutionsMotion technology companyTrademark officeSchaeffler groupBearings industrial solutionsGerman federal financial supervisory authority bafinEuropean unionVitesco technologies group agHead of group communications

Schaeffler AG Publishes Offer Document for Voluntary Public Tender Offer for Outstanding Shares of Vitesco Technologies Group AG

Schaeffler AG Publishes Offer Document for Voluntary Public Tender Offer for Outstanding Shares of Vitesco Technologies Group AG
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United statesFrankfurt am mainFederal republic of germanyKlaus rosenfeldGerman federal financial supervisory authority bafinVehicle lifetime solutionsMotion technology companyBearings industrial solutionsGerman federal financial supervisory authority bundesanstaltSchaeffler groupPowertrain chassis divisionTrademark officeEuropean unionVitesco technologies group agMotion technologyGerman federal financial supervisory authority

Schaeffler Publishes Document For Public Tender Offer For Vitesco Shares

Schaeffler Publishes Document For Public Tender Offer For Vitesco Shares
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Rheinland pfalzBruxelles capitaleMotion technology companyVitesco technologies groupMotion technologyExecutive board

Schaeffler offers to buy Vitesco shares from public to enable planned merger, ET Auto

The first step of a planned three-step transaction leading to the merger of Vitesco into Schaeffler and creating a leading Motion Technology company. Offer price of EUR 91 per share represents an attractive premium of around 20%t on the 3-month volume-weighted average share price of Vitesco. The Vitesco shareholders have the choice of tendering their shares or benefiting from the expected significant synergies by retaining their shares until the planned merger with Schaeffler. Tender offer can be accepted as of now until December 15, 2023. Tender offer is not subject to a minimum acceptance threshold

Klaus rosenfeldMotion technology companyPowertrain chassis divisionGerman federal financial supervisory authority bafinVehicle lifetime solutionsVitesco technologies group agBearings industrial solutionsGerman federal financial supervisory authorityVitesco technologies groupMotion technologyChassis divisionVehicle lifetimeIndustrial solutionsExecutive boardKlaus rosenfeldSchaeffler ag

CORRECTING and REPLACING GKN Powder Metallurgy and Schaeffler Join Forces to Further Develop the Permanent Magnet Supply Chain in Europe and North America

CORRECTING and REPLACING GKN Powder Metallurgy and Schaeffler Join Forces to Further Develop the Permanent Magnet Supply Chain in Europe and North America
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United statesIndiens wirtschaftKatherine skidmoreMatthias zinkIhre chancenDiego laurentMotion technology companySchaeffler group weSchaeffler groupFox agencyTrademark officeDowlais groupNorth americanNorth americaGerman patentDer indien