on Salzgitter AG (isin : DE0006202005)
Potential Takeover Bid for Salzgitter AG by Consortium
Salzgitter AG has announced a potential voluntary public takeover bid from a consortium made up of GP Günter Papenburg Aktiengesellschaft and TSR Recycling GmbH & Co. KG. The consortium aims to acquire shares, targeting an aggregate shareholding of at least 45% plus one additional share. This total includes shares already owned by GP Günter Papenburg Aktiengesellschaft. The potential price range for the offer has not been disclosed to the company yet.
The company is committed to informing the capital market promptly about relevant developments in accordance with legal obligations. If the takeover bid progresses, the Executive and Supervisory Boards of Salzgitter AG will release a detailed opinion following the German Securities Acquisition and Takeover Act.
R. P.
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