Brief: Kontron AG - Board Recommends That Shareholders Do Not Accept Ennoconn Takeover Offer
BRIEF-Kontron AG - Board Recommends That Shareholders Do Not Accept Ennoconn Takeover Offer July 8 (Reuters) - Kontron AG KTN.VI:
EQS-NEWS: KONTRON AG: THE EXECUTIVE BOARD AND SUPERVISORY BOARD RECOMMEND THAT SHAREHOLDERS DO NOT ACCEPT THE MANDATORY TAKEOVER OFFER FROM ENNOCONN CORPORATION
KONTRON AG - OFFER PRICE OF EUR 23.5 PER KONTRON SHARE CONSIDERED INAPPROPRIATE AND BELOW ANALYST TARGETS
KONTRON AG - OFFER PRICE EUR 0.26 BELOW 12-MONTH AVERAGE, REPRESENTS NEGATIVE PREMIUM
KONTRON AG - ACCEPTANCE PERIOD FOR ENNOCONN OFFER RUNS JUNE 29 TO JULY 27, 2026
KONTRON AG - FURTHERMORE, OFFER PRICE FALLS SIGNIFICANTLY SHORT OF MOST RECENT TARGET PRICES PUBLISHED BY ANALYSTS, WHICH AVERAGE AROUND EUR 30.29 PER KONTRON SHARE
Source text: ID:nEQ16xvSTa
Further company coverage: KTN.VI
(Gdansk Newsroom)
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