February 9, 2015 / 6:11 AM / 3 years ago

BRIEF-Sika - takeover board initiates administrative proceeding

Feb 9 (Reuters) - Sika AG :

* Says takeover board initiates administrative proceeding

* Will examine request and proposals of Schenker-Winkler Holding AG (SWH) and will comment thereon in due course in administrative proceeding

* Has been informed that SWH has submitted a request to Swiss takeover board

* SWH requests, takeover board determines that sale of shares in SWH by Burkard family to Saint-Gobain does not trigger a duty of Saint-Gobain to launch public tender offer to public shareholders of Sika Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below