DGAP-News: IBS AG excellence, collaboration, manufacturing: Joint Opinion of the Board of Management and the Supervisory Board on the Takeover Bid of Siemens Industry Automation Holding AG in accordance with§§34, 27 Section 1 of the German Securities Acqu
(firmenpresse) - DGAP-News: IBS AG excellence, collaboration, manufacturing / Key
word(s): Offer
IBS AG excellence, collaboration, manufacturing: Joint Opinion of the
Board of Management and the Supervisory Board on the Takeover Bid of
Siemens Industry Automation Holding AG in accordance with§§34, 27
Section 1 of the German Securities Acquisition a
07.03.2012 / 17:34
---------------------------------------------------------------------
Corporate News
IBS AG excellence, collaboration, manufacturing: Joint Opinion of the
Board of Management and the Supervisory Board on the Takeover Bid of
Siemens Industry Automation Holding AG in accordance with§§34, 27 Section
1 of the German Securities Acquisition and Takeover Act
- Board of Management and Supervisory Board recommend takeover bid
acceptance
- Board of Management and Supervisory Board deem purchase price of 6.10
EUR per Share adequate
Hoehr-Grenzhausen, 7th March 2012: The Board of Management and Supervisory
Board of IBS AG excellence, collaboration, manufacturing (ISIN
DE0006228406), listed in the Prime Standard of the Frankfurt Stock
Exchange, have issued their joint opinion on the voluntary public takeover
bid (cash offer) submitted by Munich-based Siemens Industry Automation
Holding AG in accordance with§§34, 27 Section 1 of the German Securities
Acquisition and Takeover Act. Following its decision to this effect,
announced on 7th February, Siemens Industry Automation Holding AG, a 100%
subsidiary of Siemens Beteiligungen Inland GmbH and thus an indirect 100%
subsidiary of Siemens Aktiengesellschaft (Siemens AG), announced its offer
document pertaining to the voluntary public takeover to all IBS
Aktiengesellschaft excellence, collaboration, manufacturing shareholders on
29th February 2012.
In accordance with the joint opinion, the Board of Management and
Supervisory Board recommend acceptance of the takeover bid. As stated in
detail in the joint opinion and taking into account the Fairness Opinion of
the Landesbank Baden Wuerttemberg of 5th March 2012, the Board of
Management and Supervisory Board deem the purchase price of 6.10 EUR per
IBS Share, offered by Siemens Industry Automation Holding AG, to be
adequate.
In accordance with the joint opinion, the Board of Management and
Supervisory Board are convinced that the realization of the goals,
strategies and intentions stated in the offer document shall be altogether
positive for IBS AG shareholders and employees alike.
In accordance with§§34, 27 Section 1 of the German Securities Acquisition
and Takeover Act, the joint opinion of the Board of Management and
Supervisory Board of IBS AG excellence, collaboration, manufacturing may be
viewed on the Company's web site www.ibs-ag.de/siemens-angebot. A copy of
the joint opinion can also be obtained free of charge from IBS AG at
Rathausstraße 56, 56203 Hoehr-Grenzhausen, Germany (order by fax +49
(0)2624/ 9180-541 or by e-mail: investorrelations(at)ibs-ag.de).
About IBS AG:
IBS AG is a leading supplier of cross-company standard software systems and
consulting services for industrial quality, production, traceability and
compliance management. In keeping with the corporate philosophy 'The
Productivity Advantage', IBS AG's Best Practice solutions contribute to a
sustainable boost in corporate productivity. IBS customers receive the
support of a team of experienced consultants and specialists throughout
each phase of the project and beyond.
IBS AG, founded in 1982, today employs over 200 personnel in Europe, China
and the USA. The Company is listed in the Prime Standard of the German
Stock Exchange in Frankfurt/Main (ISIN DE0006228406) and is also member of
the GEX-German Entrepreneurial Index. IBS AG software installations amount
to over 4,000 worldwide and can be found at companies such as Audi, Beam
Global, BMW, BorgWarner, BOSCH, Caterpillar, Daimler, Electronic Networks,
FCI Automotive, Kimberly Clark, KEIPER, Liebherr, Magna Automotive, Kautex
Textron, Parker Hannifin, Procter&Gamble, Rock Tenn, Porsche, Siemens,
SMA Solar Technology, ThyssenKrupp and W.L. Gore.
Contact
Investor Relations IBS AG
c/o MLC Finance GmbH
Mussener Weg 7
95213 Muenchberg
Mr. Michael Lang
Tel.: + 49 (0) 9251 440 88 30
Fax: + 49 (0) 02624 9180 541
e-mail: investorrelations(at)ibs-ag.de
End of Corporate News
---------------------------------------------------------------------
07.03.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: IBS AG excellence, collaboration, manufacturing
Rathausstrasse 56
56203 Hoehr-Grenzhausen
Germany
Phone: 02624/ 9180-424
Fax: 02624/ 9180-966
E-mail: investorrelations(at)ibs-ag.de
Internet: www.ibs-ag.de
ISIN: DE0006228406
WKN: 622840
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
159752 07.03.2012
Themen in dieser Pressemitteilung:
ibs-ag-excellence
collaboration
manufacturing-joint-opinion-of-the-board-of-management-and-the-supervisory-board-on-the-takeover-bid-of-siemens-industry-automation-holding-ag-in-accordance-with-34
27-section-1-of-the-german-securities-acquisition-a
Unternehmensinformation / Kurzprofil:
Datum: 07.03.2012 - 17:34 Uhr
Sprache: Deutsch
News-ID 122794
Anzahl Zeichen: 6691
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 421 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: IBS AG excellence, collaboration, manufacturing: Joint Opinion of the Board of Management and the Supervisory Board on the Takeover Bid of Siemens Industry Automation Holding AG in accordance with§§34, 27 Section 1 of the German Securities Acqu"
steht unter der journalistisch-redaktionellen Verantwortung von
IBS AG excellence, collaboration, manufacturing (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
