01.04.2015 20:32:59
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Sika AG: SWISS TAKEOVER BOARD CONFIRMS APPLICATION OF OPTING-OUT CLAUSE
Sika AG / Sika AG: SWISS TAKEOVER BOARD CONFIRMS APPLICATION OF OPTING-OUT CLAUSE . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
Today the Swiss Takeover Board issued a decision in the proceeding initiated by Bill und Melinda Gates Foundation Trust as well Cascade Investment with their request of March 5, 2015. The decision confirms that the opting out clause according to art. 5 of the articles of association of Sika AG applies to the proposed acquistion of Schenker-Winkler Holding AG and that Saint-Gobain and persons acting in concert with Saint-Gobain are not obligated to submit a public offer to the shareholders of Sika AG.
DATE | April 1, 2015 | CONTACT | Dominik Slappnig |
Corporate Communications & | |||
SIKA AG | Zugerstrasse 50 | Investor Relations | |
6341 Baar, Switzerland | TELEPHONE | +41 58 436 68 21 | |
www.sika.com | slappnig.dominik@ch.sika.com |
SIKA CORPORATE PROFILE
Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and the motor vehicle industry. Sika has subsidiaries in 90 countries around the world and manufactures in over 160 factories. Its approximately 17,000 employees generated annual sales of CHF 5.6 billion in 2014.
The media release can be downloaded from the following link:
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sika AG via Globenewswire
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Sika AG
Zugerstrasse 50 Baar
WKN: 858573;ISIN: CH0000587979;
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