Brief: Saf-Holland Announces Recommended Cash Tender Offer For Haldex
08/06/2022 06:17
June 8 (Reuters) - SAF-HOLLAND SE SFQ.DE :
* SAF-HOLLAND SE ANNOUNCES RECOMMENDED CASH TENDER OFFER FOR
HALDEX AB TO CREATE A NEW GLOBAL CHAMPION FOR CHASSIS-RELATED
COMMERCIAL VEHICLE COMPONENTS
* 46.5% TO CLOSING PRICE OF SEK 45.05 ON 7 JUNE 2022, LAST
TRADING
DAY BEFORE ANNOUNCEMENT OF OFFER
* OFFERS SHAREHOLDERS OF SWEDISH HALDEX AB ("HALDEX") TO
ACQUIRE
ALL ISSUED AND OUTSTANDING SHARES IN HALDEX FOR SEK 66 PER SHARE
IN CASH, CORRESPONDING TO A TOTAL OFFER VALUE OF APPROXIMATELY
SEK 3,209 MILLION (EUR 307 MILLION) FOR SHARES IN HALDEX
Source text for Eikon: ID:nEQ6Q7MjLa
Further company coverage: SFQ.DE
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