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Siltronic AG — M&A Activity 2020
Dec 22, 2020
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M&A Activity
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News Details
Corporate | 22 December 2020 16:32
Siltronic AG: Siltronic’s Executive Board and Supervisory Board publish joint reasoned statement on GlobalWafers’ tender offer and recommend their shareholders to accept the offer
DGAP-News: Siltronic AG / Key word(s): Statement/Takeover
22.12.2020 / 16:32
The issuer is solely responsible for the content of this announcement.
Press Release
Siltronic AG
Einsteinstrasse 172
81677 Munich
Germany
Siltronic’s Executive Board and Supervisory Board publish joint reasoned statement on GlobalWafers’ tender offer and recommend their shareholders to accept the offer
Munich, Germany, December 22, 2020 – On December 21, 2020 GlobalWafers GmbH with its seat in Munich, Germany, published a voluntary public tender offer of EUR 125 per share in cash for all shares of Siltronic AG. GlobalWafers GmbH is a subsidiary of GlobalWafers Co., Ltd., headquartered in Taiwan. After a careful and in-depth examination of the offer document, Siltronic’s Executive Board and Supervisory Board recommend in their joint reasoned statement that Siltronic shareholders accept the tender offer.
The joint statement sets out in detail the underlying financial and non-financial aspects and the overall circumstances which the Executive Board and the Supervisory Board have taken into account in making their recommendation to Siltronic’s shareholders to accept the tender offer.
The joint reasoned statement is published on Siltronic’s website https://www.siltronic.com/en/investors/information-regarding-tender-offer-by-globalwafers.html (non-binding English translation).
The binding German version is available at https://www.siltronic.com/de/investoren/informationen-zum-uebernahmeangebot-durch-globalwafers.html .
Only the reasoned statement of the Executive Board and Supervisory Board is authoritative. The information in this press release does not constitute an explanation or supplement to the contents in the reasoned statement.
Contact:
Petra Mueller
Head of Investor Relations & Communications
tel: +49 (0)89 8564 3133
email: [email protected]
Company profile:
Siltronic is one of the world’s largest manufacturers of hyperpure silicon wafers and partner to many leading semiconductor companies. The company operates production sites in Asia, Europe and the USA. Siltronic develops and manufactures silicon wafers in diameters of up to 300 mm. Silicon wafers form the basis for modern microelectronics and nanoelectronics and are a key component in semiconductor chips driving computers, smartphones, navigation systems and many other applications. Siltronic AG employs around 3,600 people and is a stock-listed company in Germany (Prime Standard). Siltronic shares are included in the MDAX and TecDAX.
22.12.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Siltronic AG |
| Einsteinstr. 172 – Tower B / Blue Tower | |
| 81677 Munich | |
| Germany | |
| Phone: | +49 89 8564 3133 |
| Fax: | +49 89 8564-3904 |
| E-mail: | [email protected] |
| Internet: | www.siltronic.com |
| ISIN: | DE000WAF3001 |
| WKN: | WAF300 |
| Indices: | MDAX, TecDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1156833 |
| End of News | DGAP News Service |