Brief: Adva Optical Networking: Approval Of Acorn Holdco Offer

Adtran Networks SE

06/07/2022 11:42

July 6 (Reuters) - ADVA Optical Networking SE  ADAG.DE :
    * DGAP-ADHOC: ADVA OPTICAL NETWORKING SE: APPROVAL OF PUBLIC
EXCHANGE OFFER OF ACORN HOLDCO, INC. BY GERMAN FEDERAL MINISTRY
OF ECONOMICS AND CLIMATE PROTECTION
    * ADVA OPTICAL NETWORKING SE - GERMAN FEDERAL MINISTRY FOR
ECONOMICS AND CLIMATE PROTECTION ("BMWK") HAS GRANTED FOREIGN
DIRECT INVESTMENT APPROVAL THAT WAS REQUIRED FOR CLOSING PUBLIC
EXCHANGE OFFER MADE BY ADTRAN INC.'S SUBSIDIARY, ACORN HOLDCO,
INC.
    * ADVA OPTICAL NETWORKING SE - WITH FOREIGN DIRECT
INVESTMENT
APPROVAL BY BMWK, ALL OFFER CONDITIONS FOR ACORN HOLDCO'S PUBLIC
EXCHANGE OFFER PUBLISHED ON 12 NOVEMBER 2021 ARE FULFILLED.
    * ADVA OPTICAL NETWORKING SE - SETTLEMENT OF EXCHANGE OFFER
IS
EXPECTED BY 15 JULY 2022, BUT AT LATEST ON 18 JULY 2022
    * ADVA OPTICAL NETWORKING SE - ACORN HOLDCO'S SHARES WILL BE
ADMITTED TO TRADING ON NASDAQ AND FRANKFURT STOCK EXCHANGE.

Source text for Eikon:  ID:nEQ1z3gvRa 
Further company coverage:  ADAG.DE 

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