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Pfeiffer Vacuum Technology AG (PV.DE)

PV.DE on Xetra

118.00EUR
28 Apr 2017
Change (% chg)

€-0.95 (-0.80%)
Prev Close
€118.95
Open
€118.60
Day's High
€118.60
Day's Low
€118.00
Volume
3,077
Avg. Vol
38,897
52-wk High
€122.45
52-wk Low
€79.09

Latest Key Developments (Source: Significant Developments)

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

Busch SE unit Pangea GmbH now offers EUR 110.00 for Pfeiffer Vacuum shr
Wednesday, 29 Mar 2017 07:30am EDT 

Pangea GmbH: Pangea GmbH, a subsidiary of Busch SE, decides to offer to shareholders of Pfeiffer Vacuum by way of voluntary public takeover offer to acquire their no-par value shares in Pfeiffer Vacuum Technology AG, each representing a notional amount of 2.56 euros in the registered share capital, against payment of 110.00 euros ($118.60) per share .Settlement of voluntary public takeover offer will occur only after agm of Pfeiffer Vacuum will have taken place on May 23 and therefore after payment of dividend of 3.60 euros per share announced for 2016.  Full Article

Pfeiffer Vacuum CEO says eyes further acquisitions in the vacuum industry
Thursday, 23 Mar 2017 05:43am EDT 

Pfeiffer Vacuum :CEO says eyes further acquisitions in the vacuum industry.  Full Article

Pfeiffer Vacuum sees 2017 sales up significantly
Thursday, 23 Mar 2017 02:30am EDT 

Pfeiffer Vacuum Technology AG : Dividend 3.60 eurper share versus 3.20 eurper share year ago . Promising start to FY 2017 . Will concentrate on putting 2020 strategy into practice to continue developing pfeiffer vacuum successfully . This strategy prioritizes profitability and growth, of which gap program is a key driver . Says year-to-date order intake is around 20 percent higher than it was last year . Says expects this positive trend to continue at least until middle of year and FY 2017 sales to increase significantly compared to FY 2016 . Operating result (EBIT) should rise accordingly .Says has every reason to believe these positive developments will also continue into 2018.  Full Article

Pfeiffer Vacuum says termination of Busch offer is positive
Wednesday, 15 Mar 2017 10:00am EDT 

Pfeiffer Vacuum : Termination of voluntary public tender offer by Busch Group is good news for Pfeiffer Vacuum and its shareholders . Will continue to pursue its successful strategy of combining organic growth in markets such as Asia and USA with strategic acquisitions, thereby offering its shareholders attractive long-term prospects .Continues its announced review of further options to ensure that shareholders participate adequately in value creation at Pfeiffer Vacuum.  Full Article

Pfeiffer Vacuum invites shareholders to EGM to discuss Busch bid
Tuesday, 7 Mar 2017 09:00am EST 

Pfeiffer Vacuum : Says invites shareholders to extraordinary general meeting .Pfeiffer Vacuum's shareholders are to be afforded the opportunity to speak, to discuss and ask questions about the takeover bid at the extraordinary general meeting.  Full Article

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BRIEF-Busch exceeds threshold of 30 pct in Pfeiffer Vacuum

* Says exceeds control threshold of 30 percent in Pfeiffer Vacuum with tender offer Further company coverage: