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Written by / Agency / Source: Endress+Hauser Consult AG

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Endress+Hauser Set for Complete Acquisition of Analytik Jena - Majority stockholder prepares to buy more shares - Analytik-Jena.de / Endress.com
Endress+Hauser Set for Complete Acquisition of Analytik Jena

 

NewswireToday - /newswire/ - Reinach, Basel-Landschaft, Switzerland, 2015/05/11 - Majority stockholder prepares to buy more shares - Analytik-Jena.de / Endress.com.

   
 
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The Endress+Hauser Group aims for the complete takeover of German company Analytik Jena AG. The Group is also interested in buying shares.

“We are still prepared to acquire shares at a reasonable price,” announced Dr Heiner Zehntner, Legal Counsel and member of the Executive Board of the Endress+Hauser Group and Supervisory Board member of Analytik Jena AG. Endress+Hauser is using the expired mandatory offer of 14 euros per bearer share, given in 2013, as a yardstick for the time being. “This is a fair valuation, considering the company’s financial situation,” stressed Heiner Zehntner.

At the end of March 2015, Analytik Jena (analytik-jena.de) left the regulated market at Frankfurt stock exchange. Analytik Jena shareholders wishing to sell their shares in the company to Endress+Hauser should mandate their bank counselor accordingly. Contact for all transactions is Kai Winkelmann of Equinet Bank AG (phone +49 69 58997 125; email sponsoring[.]equinet-ag.de). Information on the course of action to take is also available on the websites of Endress+Hauser and Analytik Jena.

Currently Endress+Hauser (endress.com) directly holds approx. 92 percent of the shares and voting rights in Analytik Jena. The next step the Group intends to make is to buy out the remaining minor shareholders (squeeze-out). “We’ve made it clear right from the start that we aim for the complete takeover of Analytik Jena. We announced the withdrawal from the regulated market at an early point, and now we also want to notify the remaining shareholders in good time of our future plans,” said Heiner Zehntner.

 
 
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Written by / Agency / Source: Endress+Hauser Consult AG

 
 

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Endress+Hauser Set for Complete Acquisition of Analytik Jena

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Publisher Contact: Monique Juillerat - Endress.com 
+41 61 715 7729 monique.juillerat[.]holding.endress.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Endress+Hauser Consult AG securities in any jurisdiction including any other companies listed or named in this release.

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