Brief: DMG Mori Seiki AG and DMG Mori Seiki Co.Ltd. change offer conditions in public tender offer
09/03/2015 16:36
March 9 (Reuters) - DMG Mori Seiki AG GILG.DE :
* DMG Mori Seiki AG and DMG Mori Seiki Co., Ltd. agree on
change of offer conditions in public tender offer
* Reduction of minimum participation threshold from 50
percent (plus one share) to 40 percent and increase of offer
price to 30.55 euros ($33)
* New participation threshold already exceeded
* Tender period is extended until March 25
* DMG Mori Seiki Co., Ltd. and bidder agreed that all
shareholders accepting offer will receive an additional amount
of 0.55 euros per share
* Has also been informed, that DMG Mori Seiki Co., Ltd. has
acquired in over-the-counter trades shares in an amount which
will lead to an exceeding of new participation threshold
Source text for Eikon: ID:nEQbPdGksa
Further company coverage: GILG.DE
($1 = 0.9218 euros)
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