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6414 Ennoconn News Story

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Taiwan-listed Ennoconn offers 23.50 euros per share to acquire Austria's Kontron

Taiwan-listed Ennoconn offers 23.50 euros per share to acquire Austria's Kontron

- Taiwan-listed Ennoconn Corp6414.TW has launched a takeover bid offering 23.50 euros ($27.16) per share to all shareholders of Austria-based technology company KontronKTN.VI, the tech firm said in a statement on Wednesday.

Kontron said it would suspend its share buyback program until the takeover offer is completed and would review Ennoconn's offer.


($1 = 0.8651 euros)


(Reporting by Kanjyik Ghosh in Barcelona; Editing by William Maclean)

((Kanjyik.Ghosh@thomsonreuters.com;))

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