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Grammer AG Grammer-Allee 2 92289 Ursensollen, Germany http://www.grammer.com
Contact Mr Ralf Hoppe +49 9621 662200
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Grammer AG

Grammer signs a Business Combination Agreement with companies affiliated with its strategic partner Ningbo Jifeng - concurrent public takeover offer for Grammer

(PresseBox) (Amberg, )
- Grammer signs a comprehensive Business Combination Agreement with affiliated companies of its strategic partner Ningbo Jifeng from China
- Preserving Grammer Group's independence and jobs are the key points of the agreement
- Concurrently, the Wang family, majority owners of Ningbo Jifeng, announced their intention to make a voluntary public takeover offer for all shares in Grammer via its German acquisition entity Jiye Auto Parts
- Grammer shareholders to receive a total consideration of EUR 61.25 per share in cash, which includes the expected dividend of EUR 1.25 per share for the fiscal year 2017
- Attractive total premium of 19.4% over ggx slmunwu sxdcn oo Ztsqvyf utocgi ji lf 61 Hft, 4907
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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.