Brief: First Sensor AG Confirms It Is In Advanced Negotiations With TE Connectivity Regarding Takeover

First Sensor AG

26/05/2019 24:47

May 25 (Reuters) - 
    * EXECUTIVE BOARD OF FIRST SENSOR AG CONFIRMS THAT IT IS IN
ADVANCED NEGOTIATIONS WITH TE CONNECTIVITY LTD. REGARDING A
TAKEOVER
    * FIRST SENSOR AG SAYS HAS RECEIVED A LEGALLY NON-BINDING
EXPRESSION OF INTEREST WITH AN INDICATIVE OFFER PRICE OF
APPROXIMATELY EUR 28 PER SHARE
    * FIRST SENSOR AG SAYS FIRST SENSOR AG IS EXAMINING ITS
OPTIONS
FOR ACTION
    * FIRST SENSOR AG SAYS IS CURRENTLY NOT POSSIBLE TO PREDICT
WHETHER TE CONNECTIVITY LTD. WILL MAKE A TAKEOVER OFFER

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