BorgWarner to launch voluntary takeover offer for AKASOL at EUR 120 per share

BorgWarner and AKASOL signed a Business Combination Agreement on 15 February 2021 for a strategic partnership. BorgWarner's subsidiary will launch a voluntary public takeover offer of EUR 120.00 per share, a 23.4% premium, with founders holding 59.4% of shares committed to tender.

“Blitz F21-842 AG (in future: ABBA BidCo AG), a subsidiary of BorgWarner Inc., today published the decision to make a voluntary public takeover offer to all shareholders of AKASOL.”eqs-news.com

• 1 source
• eqs-news.comAKASOL and BorgWarner have signed a Business Combination Agreement to enter into a strategic partnership and BorgWarner will launch a voluntary public takeover offer | Ad-hoc - EQS NewsFeb 15, 2021

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