May 2, 2017 / 3:51 PM / 4 months ago

BRIEF-Kontron supervisory board approves conclusion of a merger agreement

May 2 (Reuters) - Kontron AG:

* Supervisory board of Kontron AG approves conclusion of a merger agreement

* S&T AG, Linz (Austria), has today taken a decision in principle on a non-cash capital increase, excluding subscription rights of existing shareholders

* Exact exchange ratio and amount of additional cash‎ compensation are currently being determined, will be resolved subsequently be published timely before annual general meeting of kontron ag on June 19, 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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