Bucher Industries announces takeover offer for Jetter AG

(PresseBox) - Bucher Beteiligungsverwaltung AG (currently: Blitz 13-203 AG), a subsidiary of Bucher Industries AG, Niederweningen (Switzerland), de-cided today to tender a voluntary public takeover offer to the shareholders of Jetter AG for their shares against a consideration of EUR 7.00 per share. The offer will be made under the terms and conditions yet to be disclosed in the offer document. It will not be subject to a minimum acceptance quota. Bucher Beteiligungsverwaltung AG told that two substantial institutional shareholders committed themselves to accept the offer of Bucher Beteiligungsverwaltung AG with respect to their entire holding in Jetter AG. Combined with the shares of Jetter AG held by Bucher Industries AG, which shall be transferred to Bucher Beteiligungsverwaltung AG in connection with the offer, this cor-responds to a portion of 42.8 % of all outstanding Jetter AG shares.
The supervisory and management boards of Jetter AG support the takeover offer. Mr. Martin Jetter plans to resign from the management board of Jetter AG as of 31 De-cember 2013 and to switch subsequently to the supervisory board. Mr. Christian Benz, member of the management board since 1 April 2013, shall succeed him as CEO.

Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: PresseBox
Datum: 09.09.2013 - 09:01 Uhr
Sprache: Deutsch
News-ID 294453
Anzahl Zeichen: 1257

contact information:
Town:

Ludwigsburg

Kategorie:

Business News

Diese Pressemitteilung wurde bisher 242 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Bucher Industries announces takeover offer for Jetter AG"
steht unter der journalistisch-redaktionellen Verantwortung von

Jetter AG (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Perfect complements ...

With its range of JXM expansion modules, Jetter AG, specialist in automa-tion solutions, offers a universally applicable set of distributed building blocks for mobile machinery. Thanks to the modules' flexible configuration of inputs and outputs ...

Open and safe design of networked automation ...

The industry highlight of the automation industry is near: The SPS will take place in Nuremberg from 26 to 28 November. As a single-source supplier of automation systems for manufacturers of machines and plants as well as of process technology, Jette ...

Scalability as Success Factor ...

Jetter AG will be presenting intelligent control and automation solutions for the industry from 10 to 16 November at the world's leading trade fair for agricultural machinery, Agritechnica in Hanover. The current debate on tightening up the fert ...

Alle Meldungen von Jetter AG