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RSS FeedsThe Swedish Securities Council has granted permission to extend the acceptance period on Knorr-Bremse´s offer for all shares in Haldex
(WorldNews Sweden)

 
 

26 april 2017 18:24:27

 
The Swedish Securities Council has granted permission to extend the acceptance period on Knorr-Bremse´s offer for all shares in Haldex
(WorldNews Sweden)
 


The Swedish Securities Council has granted permission to extend the acceptance period to 26 September 2017 and permits closing of acceptance period prior to 26 September if relevant regulatory approvals have been obtained earlier. In their request to the Swedish Securities Council, Knorr-Bremse is describing the background to the requested extension: Challenges have surfaced during the merger clearance process in the form of negative market reactions on the contemplated transaction and the complexity of carve-out exercises related to potential remedies (which Knorr-Bremse is preparing). On this basis, Knorr-Bremse`s assessment is that the possibilities to obtain merger clearance on terms...


 
2 viewsCategory: General > Europe > Sweden
 
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