BayWa AG

  • WKN: 519406
  • ISIN: DE0005194062
  • Land: Deutschland

Nachricht vom 07.02.2012 | 09:21

Prolongation of the tender offer period for the takeover of Turners & Growers by BayWa AG


BayWa AG / Key word(s): Miscellaneous

07.02.2012 / 09:21


Prolongation of the tender offer period for the takeover of Turners & Growers by BayWa AG

BayWa AG has prolonged the tender offer period for the takeover of Turners & Growers (T&G), New Zealand's leading distributor, marketer and exporter of premium fresh produce, until 7 March 2012. This is a planned and regular prolongation as the Overseas Investment Office (OIO), New Zealand's regulatory authority, is still in the process of approving for this transaction.

BayWa currently has the consent of the shareholders for the takeover of nearly 70 percent of the shares in T&G. The takeover offer must remain open until the OIO has concluded its assessment. The German Federal Cartel Office gave its approval for the takeover of T&G by BayWa back in December 2011.




Contact:
Marion Danneboom, BayWa AG, Head of PR/Corporate Communication,
tel. +49 (0)89/92 22-36 80, Fax +49 (0)89/92 22-36 98,
e-mail: marion.danneboom@baywa.de


End of Corporate News


07.02.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de



155646  07.02.2012

GBC im Fokus

Ergomed PLC: Kursziel angehoben

Die erfolgreiche Wirksamkeitsstudie von Lorediplon zeigt, dass Ergomed PLC eine sehr vielversprechende Co-Development-Pipeline hat. Eine mögliche vorzeitige Auslizenzierungen des Produkts würde dem Unternehmen signifikante Erfolgsbeteiligungen sichern. Deshalb und aufgrund der Anpassung der Wechselkurse erhöhen wir den fairen Wert der Ergomed-Aktie auf 3,41 € je Aktie. Das Rating bleibt KAUFEN.

News im Fokus

RWE Aktiengesellschaft: RWE-Vorstand beschließt Dividendenvorschlag 2016 und gibt Dividendenausblick

22. Februar 2017, 08:13

Aktuelle Research-Studie

Ergomed plc

Original-Research: Ergomed plc (von GBC AG): Kaufen

21. Februar 2017