US Government Authorities grant clearances for take-over of KUKA by Midea
The US government authorities CFIUS (Committee on Foreign Investment in the United States) and DDTC (Directorate of Defense Trade Controls) on December 29, 2016 have cleared the take-over of KUKA Aktiengesellschaft by MECCA International (BVI) Limited, a 100% subsidiary of Midea Group Co., Ltd.
30 December 2016
KUKA Aktiengesellschaft
Zugspitzstrasse 140, 86165 Augsburg
- ISIN DE0006204407-
- ISIN DE000A2BPXK1 -
Listed on the following German stock exchanges:
Frankfurt am Main and Munich
Market segment: Prime Standard
Disclosure of Inside Information in accordance with Article 17 MAR
Augsburg, December 30, 2016
KUKA Aktiengesellschaft
The Executive Board
Zugspitzstrasse 140, 86165 Augsburg
- ISIN DE0006204407-
- ISIN DE000A2BPXK1 -
Listed on the following German stock exchanges:
Frankfurt am Main and Munich
Market segment: Prime Standard
Disclosure of Inside Information in accordance with Article 17 MAR
US Government Authorities grant clearances for take-over of KUKA by Midea
The US government authorities CFIUS (Committee on Foreign Investment in the United States) and DDTC (Directorate of Defense Trade Controls) on December 29, 2016 have cleared the take-over of KUKA Aktiengesellschaft by MECCA International (BVI) Limited, a 100% subsidiary of Midea Group Co., Ltd. Thus, all closing conditions of the tender offer of June 16, 2016 have been met. The settlement of the tender offer can be expected in the first half of January 2017.Augsburg, December 30, 2016
KUKA Aktiengesellschaft
The Executive Board
