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Andritz AG Stattegger Strasse 18 8045 Graz, Austria http://www.andritz.com
Contact Mr Oliver Pokorny +43 316 69021332
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Andritz AG

ANDRITZ acquires 38.5% stake in Schuler AG, Germany, and announces takeover offer to purchase the remaining shares

(PresseBox) (Graz, )
International technology Group ANDRITZ based in Graz, Austria, has signed an agreement with Schuler-Beteiligungen GmbH to acquire the entire 38.5% interest held by Schuler- Beteiligungen GmbH in publicly listed Schuler AG, headquartered in Göppingen, Germany. The price per share amounts to 20.00 EUR in cash.

In addition, ANDRITZ has announced a voluntary public takeover offer in accordance with Section 10, Para. 1, in conjunction with Sections 29 and 34 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, WpÜG) to the remaining shareholders for the acquisition of the outstanding shares (i.e. 61.5% of Schuler AGʼs capital stock). Via
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.