Pfeiffer Vacuum Technology AG (PV.DE)
22 Feb 2017
Feb 23 The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Thursday:
FRANKFURT German pump maker Busch's holding in bid target Pfeiffer Vacuum has edged up above 30 percent, two and a half weeks before its 949-million-euro ($1 billion) offer runs out.
* Pfeiffer has rejected offer for being too low (Adds share price, further details)
FRANKFURT, Feb 23 German pump maker Busch's hostile bid for rival Pfeiffer Vacuum has secured it a controlling stake of over 30 percent, two and a half weeks before its offer runs out.
FRANKFURT, Feb 23 The DAX top-30 index looked set to open unchanged on Thursday, according to premarket data from brokerage Lang & Schwarz at 0711 GMT.
* PSI Automotive & Industry GmbH, a subsidiary of PSI, awarded major contract by Altonaer-Technologie-Holding GmbH
Feb 15 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:
Feb 15 The following bids, mergers, acquisitions and disposals were reported by 1015 GMT on Wednesday:
BERLIN, Feb 15 Germany's Pfeiffer Vacuum publicly rejected a takeover bid from rival Busch on Wednesday, saying it lacked a control premium and did not reflect the growth potential for vacuum pumps.
* Says busch group as intending to actively control and possibly integrate pfeiffer vacuum without offering a customary control premium