Brief: Grammer Executive And Supervisory Boards Recommend To Accept Offer By Jiye Auto Parts GmbH
06/07/2018 15:02
July 6 (Reuters) - Grammer AG GMMG.DE :
* DGAP-NEWS: REASONED STATEMENT BY THE EXECUTIVE BOARD AND
SUPERVISORY BOARD OF GRAMMER AG REGARDING THE TAKEOVER OFFER BY
JIYE AUTO PARTS GMBH
* JOINT RECOMMENDATION OF EXECUTIVE BOARD AND SUPERVISORY
BOARD TO
ACCEPT OFFER
* GRAMMER - BOARDS WELCOME BUSINESS COMBINATION AGREEMENT
CONCLUDED BETWEEN TWO PARTIES WITH RESPECT TO FURTHER
COOPERATION AND FUTURE BUSINESS DEVELOPMENT OF GRAMMER
* CONSIDER OFFER PRICE OF EUR 60.00 PER GRAMMER SHARE TO BE
ADEQUATE FROM A FINANCIAL PERSPECTIVE AS OF DATE OF STATEMENT
Source text for Eikon: ID:nEQ94JRMba
Further company coverage: GMMG.DE
(Gdynia Newsroom)
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