Schaeffler AG and Vitesco Technologies Group AG Sign Business Combination Agreement
Schaeffler and Vitesco Technologies will create a leading Motion Technology Company with four focused “pure-play” divisi…
Schaeffler and Vitesco Technologies will create a leading Motion Technology Company with four focused “pure-play” divisi…
First step of a planned three-step transaction leading to the merger of Vitesco into Schaeffler and creating a leadi…
Total bond volume of EUR 2.2 billion in three tranches Investment grade ratings confirm strong balance sheet and capital…
. 2018 started according to plan, sales growth at constant currency 3.9 percent Automotive OEM grows four percent abo…
. Roadshow in London, New York and Frankfurt successfully completed Lock-up to be extended to 2 years Preferred divide…
Strong interest leads to increase of originally planned transaction volume by approximately EUR 1.1 billion Six tranches…
Following the successful refinancing at the level of IHO Holding, Schaeffler AG will receive approximately EUR 1.7 billi…
. - Issuance of bonds totaling EUR 2.5 billion equivalent with 5, 7 and 10 years maturities in Euros and U.S. Dollars…
- Early prepayment of USD 850 million bond with a coupon of 4.75% - Net debt of Schaeffler AG reduces to EUR 4.2 billion…
. Placement price at EUR 12.50 per share Total transaction volume of EUR 938 million Strong interest from instit…