set for complete acquisition of Analytik Jena
stockholder prepares to buy more shares
--The Endress+Hauser Group aims for the complete takeover of German
company Analytik Jena AG. The Group is also interested in buying shares.
are still prepared to acquire shares at a reasonable price,” announced
Dr Heiner Zehntner, Legal Counsel and member of the Executive Board of the
Endress+Hauser Group and Supervisory Board member of Analytik Jena AG.
Endress+Hauser is using the expired mandatory offer of 14 euros per bearer
share, given in 2013, as a yardstick for the time being. “This is a fair
valuation, considering the company’s financial situation,” stressed
the end of March 2015, Analytik Jena left the regulated market at
Endress+Hauser directly holds approx. 92 percent of the shares and voting
rights in Analytik Jena. The next step the Group intends to make is to buy
out the remaining minor shareholders (squeeze-out). “We’ve made it
clear right from the start that we aim for the complete takeover of
Analytik Jena. We announced the withdrawal from the regulated market at an
early point, and now we also want to notify the remaining shareholders in
good time of our future plans,” said Heiner Zehntner.