SWISSLOG HOLDING LTD News release 7/2015
Swisslog plans merger with cash compensation and delisting of shares
Buchs/Aarau, 18 March 2015 - Swisslog is preparing the procedure for the complete takeover of Swisslog Holding AG by majority shareholder KUKA by means of a merger with cash compensation for the remaining minority shareholders, and for the delisting of the company's shares from the SIX Swiss Exchange.
KUKA Aktiengesellschaft successfully completed a public offer for the shares of Swisslog Holding AG in December 2014, and as of 16 March 2015 holds a stake of over 96% in Swisslog Holding AG. Plans are in place for a merger with a company controlled by KUKA by means of a cash compensation for the remaining minority shareholders (art. 8, para. 2 of the Swiss Merger Act). The specificities of the transaction are likely to be communicated after the planning phase in the first half of June 2015. During the course of this transaction, the delisting of the shares of Swisslog Holding AG is also to take place.
Calendar
26 March 2015: | Annual General Meeting |
5 May 2015: | Publication of first quarter result |
5 August 2015: | Publication of half-yearly result |
11 November 2015: | Publication of third quarter result |
Contact
Swisslog Holding AG
Reto Sidler
Head Corporate Communications
Tel.: Email: | +41 62 837 95 36 reto.sidler@swisslog.com |
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