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Pfeiffer Vacuum Technology AG (PV.DE)

PV.DE on Xetra

133.55EUR
11:06am EDT
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€1.05 (+0.79%)
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€132.50
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€134.50
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€145.45
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€79.95

Latest Key Developments (Source: Significant Developments)

Pfeiffer Vacuum: supervisory board member Wolfgang Lust resigns
Friday, 18 Aug 2017 06:02am EDT 

Aug 18 (Reuters) - PFEIFFER VACUUM ::DGAP-ADHOC: PFEIFFER VACUUM TECHNOLOGY AG: ANOTHER SUPERVISORY BOARD MEMBER RESIGNS.WOLFGANG LUST RESIGNS, EFFECTIVE FROM END OF OCTOBER 25, 2017.  Full Article

Pfeiffer Vacuum: supervisory board chairman resigns
Monday, 7 Aug 2017 09:23am EDT 

Aug 7 (Reuters) - PFEIFFER VACUUM ::DGAP-ADHOC: PFEIFFER VACUUM TECHNOLOGY AG: SUPERVISORY BOARD CHAIRMAN RESIGNS.‍CHAIRMAN OF SUPERVISORY BOARD, DR. MICHAEL OLTMANNS, WILL BE RESIGNING WITH EFFECT FROM OCTOBER 25, 2017​.  Full Article

Pfeiffer Vacuum H1 EBIT up 33 pct on year
Wednesday, 2 Aug 2017 01:37am EDT 

Aug 2 (Reuters) - Pfeiffer Vacuum :Pfeiffer Vacuum with strong order intake in first half-year of 2017.Sales 23.9 % up in first half-year of 2017.EBIT margin rose to 13.0 %.New orders 37.6 % over previous year.Acquisition of nor-cal underlines long-term growth course.Enlargement of board by appointment of Ulrich von Huelsen.In first half-year of 2017, Pfeiffer Vacuum Technology AG ("Pfeiffer Vacuum") achieved sales of 276.2 million eur (23.9 % over previous year).Reached an EBIT of eur 35.9 million euros (33.3 % over previous year).Earnings per share for period therefore amounted to eur 2.52 (33.3 % over previous year)..Compared to previous year, we improved ebit margin by almost one percentage point to 13.0 %..  Full Article

Pfeiffer Vacuum acquires Nor-Cal Products Inc
Thursday, 22 Jun 2017 02:22pm EDT 

June 22 (Reuters) - Pfeiffer Vacuum Technology :DGAP-Adhoc: Pfeiffer Vacuum Technology AG: Pfeiffer Vacuum acquires Nor-Cal Products Inc (USA).Pfeiffer Vacuum says agreed purchase price amounts to USD 68 million on a cash and debt-free basis.Transaction was mainly financed via a bank loan.Pfeiffer vacuum - Nor-Cal Products (USA) expects full-year sales in 2017 of around $60 million at an EBIT margin around level of Pfeiffer Vacuum group.  Full Article

Pfeiffer Vacuum Technology Q1 sales up 24.9 pct at 136.9 mln euros
Tuesday, 2 May 2017 01:30am EDT 

May 2 (Reuters) - Pfeiffer Vacuum Technology AG ::Q1 sales 136.9 million euros ($149.51 million).Says significantly increases EBIT margin to 15.6 percent.Says Q1/2017 sales up 24.9 percent from prior year.Says Q1/2017 EBIT margin increases by 3.8 percentage points.Says order intake amounts to 146.5 million euros.Says impressive demonstration of long-term growth potential.Says expects positive trend to continue.Says expects sales for full year of 2017 to increase significantly from 2016.Says should result in a significant improvement in operating profit.Says positive development should continue in 2018.  Full Article

Busch exceeds threshold of 30 pct in Pfeiffer Vacuum
Thursday, 27 Apr 2017 05:37am EDT 

April 27 (Reuters) - Busch Holding :Says exceeds control threshold of 30 percent in Pfeiffer Vacuum <<>> with tender offer.  Full Article

Busch says wants to discuss Pfeiffer offer at AGM
Tuesday, 25 Apr 2017 02:26am EDT 

April 25 (Reuters) - Busch Group:Says requests to discuss improved offer for Pfeiffer Vacuum <<>> at AGM.  Full Article

BRIEF-Pfeiffer Vacuum says second buyout offer from Busch is unsolicited
Friday, 31 Mar 2017 10:31am EDT 

Pfeiffer Vacuum : Says management board of Pfeiffer Vacuum Technology AG has after failure of first offer acknowledged intention of Pangea Gmbh in accordance with §10 wpüg to launch another public offer for all outstanding shares of pfeiffer vacuum at a price of eur 110.00 per share in cash . Says as first offer, this offer is unsolicited and has not been discussed with management and supervisory board of pfeiffer vacuum prior to publication . There has been no dialog about the plans of Busch Group and a strategic concept related to Pfeiffer Vacuum even though the intention to launch another public offer is sufficient proof that Busch Group aims for control of Pfeiffer Vacuum. . Says again Busch Group is not prepared to offer a customary market premium for a change of control transaction . Says announced offer price is even below current share price . Says management and supervisory board will review offer together with its financial and legal advisors once offer document is available and issue a reasoned statement thereafter .Says shareholders of Pfeiffer Vacuum should wait until they can review this statement before taking any action.  Full Article

Pfeiffer Vacuum says second buyout offer from Busch is unsolicited
Friday, 31 Mar 2017 10:27am EDT 

Pfeiffer Vacuum : Says management board of Pfeiffer Vacuum Technology AG has after failure of first offer acknowledged intention of Pangea Gmbh in accordance with §10 wpüg to launch another public offer for all outstanding shares of pfeiffer vacuum at a price of eur 110.00 per share in cash . Says as first offer, this offer is unsolicited and has not been discussed with management and supervisory board of pfeiffer vacuum prior to publication . There has been no dialog about the plans of Busch Group and a strategic concept related to Pfeiffer Vacuum even though the intention to launch another public offer is sufficient proof that Busch Group aims for control of Pfeiffer Vacuum. . Says again Busch Group is not prepared to offer a customary market premium for a change of control transaction . Says announced offer price is even below current share price . Says management and supervisory board will review offer together with its financial and legal advisors once offer document is available and issue a reasoned statement thereafter .Says shareholders of Pfeiffer Vacuum should wait until they can review this statement before taking any action.  Full Article

Busch Group says supports stand-alone growth strategy of Pfeiffer Vacuum
Wednesday, 29 Mar 2017 07:34am EDT 

Pangea GmbH:Pangea GmbH - Busch Group reaffirms its friendly intentions and supports the stand-alone growth strategy of Pfeiffer Vacuum Full Article

Pfeiffer Vacuum board member resigns amid shareholder pressure

FRANKFURT, Aug 18 German pump maker Pfeiffer Vacuum's supervisory board member Wolfgang Lust has resigned, the company said on Friday, bowing to pressure from rival and shareholder Busch Group, which has been seeking a board reshuffle.