Brief: Schaltbau Holding AG Enters Into Investment Agreement With Carlyle

Schaltbau Holding AG

07/08/2021 10:13

Aug 7 (Reuters) - Schaltbau  SLTG.DE :
    * DGAP-ADHOC: SCHALTBAU HOLDING AG ENTERS INTO INVESTMENT
AGREEMENT WITH CARLYLE
    * AND CARLYLE AGREED ON TERMS AND CONDITIONS OF OFFER
    * THE EXECUTIVE BOARD OF SCHALTBAU HAS AGREED TO SUPPORT
OFFER
    * IN INVESTMENT AGREEMENT, CARLYLE GAVE ASSURANCE TO SUPPORT
SCHALTBAU'S LONG-TERM GROWTH AND INVESTMENT STRATEGY
    * CARLYLE INTENDS TO OFFER A CASH CONSIDERATION OF EUR 53.50
PER
SCHALTBAU SHARE
    * CARLYLE'S OFFER REPRESENTS A PREMIUM OF 32% TO CURRENT
SHARE
PRICE

Source text for Eikon:  ID:nEQ8vGLgga 
Further company coverage:  SLTG.DE 

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