Kontron flags possible takeover bid from top shareholder Ennoconn
06/05/2026 20:05
May 6 (Reuters) - Austria-based technology company Kontron KTN.VI said on Wednesday its largest shareholder Ennoconn 6414.TW has been authorized by its board to cross the 30% ownership threshold in the company, a move that would trigger a mandatory takeover offer under certain rules. If a takeover is triggered, Taiwan-listed Ennoconn is considering offering 23.50 euros ($27.60) per share for Kontron, according to the statement. ($1 = 0.8514 euros) (Reporting by Disha Mishra in Bengaluru; Editing by Jonathan Ananda) ((Disha.Mishra@thomsonreuters.com;))
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Brief: Kontron Says Ennoconn Informed Co It Exceeded Threshold Of 30% Voting Rights, Therefore Required To Make Offer To All Shareholders Of Co