Brief: Pfeiffer Vacuum Enters Domination And Profit And Loss Transfer Agreement With Pangea

Pfeiffer Vacuum Technology AG

14/03/2023 15:19

March 14 (Reuters) - Pfeiffer Vacuum Technology AG
 PV.DE :
    * IS ENTERING INTO A DOMINATION AND PROFIT AND LOSS TRANSFER
AGREEMENT WITH PANGEA GMBH
    * CASH COMPENSATION OFFER IN AMOUNT OF EUR 133.07 PER SHARE
AND
RECURRING COMPENSATION PAYMENT OF EUR 7.93 GROSS PER SHARE FOR
MINORITY SHAREHOLDERS
    * AGREEMENT WILL BE VOTED ON AT ANNUAL GENERAL MEETING ON
MAY 2,
2023
    * PURPOSE OF AGREEMENT IS TO FURTHER SIMPLIFY ALREADY CLOSE
COOPERATION BETWEEN PFEIFFER VACUUM AND BUSCH GROUP, AND TO
IMPROVE INTERNAL EXCHANGE OF INFORMATION WITHIN GROUP
    * PANGEA, A 100% SUBSIDIARY OF BUSCH SE, CURRENTLY HOLDS
62.7% OF
SHARES IN PFEIFFER VACUUM

Source text for Eikon:  ID:nEQ9WJL5Da 
Further company coverage:  PV.DE 

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